YAL 1.29% $7.04 yancoal australia limited

Ann: Becoming a substantial holder, page-9

  1. 170 Posts.
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    Why do you think they are lowering their position on this money printing business? I know coal prices won't stay at these prices forever but this year is looking like they will be making over $5billion which must give the company one of the lowest price to earning ratios on the market.
    What are we expecting the company to do with so much cash?
    - Large future dividends
    - Pay back all debts
    - Reinvest in other local mines/ companies
 
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