Don't kid yourself, there is much greater forces than just 'the market', variables include the standard shorting after any coal announcement.
This could well be up tomorrow by the same amount +5%. Forgive my rudeness, but only the ****** think YAL is in a bad position.
RECALL: YAL was in the money when coal prices were at rock bottom and they had $4B debt, now they coal prices are still near all time historical highs with not a $1 of debt, not to mention the met coal prices through the roof. You are such a tough audience...
But, all else aside, YAL holders do not need to convince you, as the YAL results speak for the themselves. The best of all time, with the largest dividend in history.... Being sarcastic here in case you miss my point...how disappointing!
Ann: 2022 Financial Result Presentation, page-32
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Last
$6.60 |
Change
0.080(1.23%) |
Mkt cap ! $8.714B | |||
| Open | High | Low | Value | Volume |
| $6.52 | $6.65 | $6.47 | $13.83M | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $6.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.61 | 10495 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |