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What is the reason to hold cash?

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aloxley87

217 Posts.

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28/02/23

11:52

Post #: 66508514
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Originally posted by Birchcorp: ↑

So they are a small percentage under what they suggest, and at the same time, they have clauses that allow them to hold any amount of free cash back should management feel it prudent for the company going forward.

This is a fantastic result, and probably the best in all coal history…across coalies on the ASX. Those that need to whinge… well, as they say, you will never please them all…and some will never see the Forrest through the trees… there is a genuine reason to hold cash and those with vison will clearly see this…

In the meantime enjoy your spending the divvy!

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What is the reason to hold cash?

YAL Price at posting: $6.04 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.45		Change -0.140(2.12%)		Mkt cap ! $8.516B

Open	High	Low	Value	Volume
$6.60	$6.65	$6.43	$20.40M	3.143M

Buyers (Bids)

No.	Vol.	Price($)
4	4448	$6.43

Sellers (Offers)

Price($)	Vol.	No.
$6.45	14047	1

View Market Depth

No.	Vol.	Price($)
4	4448	6.430
2	3500	6.420
6	22391	6.410
7	7845	6.400
1	15000	6.390

Price($)	Vol.	No.
6.450	14047	1
6.460	15104	1
6.470	5246	2
6.480	9553	2
6.490	7400	1

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last $6.47			Change -0.140 ( 1.97 %)
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