Hey Businessben,
I've been in YAL for a while now. I have only just started posting on this thread, as I do believe it should and will, be double.
Whilst the P/E ratio remains around 4 with dividends fully franked around 12% it's ripe for the picking. Sure coal isn't the most stable commodity to invest in. However, the price has been stable for a few months now, with fundamental signs coal will be here for a long time to come, with exporting.
Some here have suggested tax time, mixed with June traditionally being a pullback month. I think that's relevant but more to do with being in between dividend payments. There's no hurry to get in, unless you can see it going up without any major news. I do as it's an absolute cash cow, making and paying great dividends. There's also $1.3b
kicking around in the bank, should they choose any developments.
It's still trading higher now than in previous years, despite a bit or profit taking over the past fortnight.
I'm loading up - Long term, with retirement in the next five years.
- No time like the present !!
-GO YAL!
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Last
$6.62 |
Change
0.220(3.44%) |
Mkt cap ! $8.741B |
Open | High | Low | Value | Volume |
$6.43 | $6.63 | $6.41 | $13.60M | 2.082M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1512 | $6.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.62 | 11309 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20300 | 6.570 |
3 | 17795 | 6.540 |
1 | 20 | 6.530 |
3 | 4169 | 6.500 |
3 | 5898 | 6.420 |
Price($) | Vol. | No. |
---|---|---|
6.630 | 75007 | 4 |
6.640 | 755 | 1 |
6.650 | 3581 | 5 |
6.660 | 8501 | 3 |
6.670 | 6786 | 3 |
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