YAL 3.61% $6.95 yancoal australia limited

Ann: Company presentation, page-121

  1. 5,160 Posts.
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    For me there have been 3 entry points.
    1) Coming out of Covid and the price of coal made it evident that the debt would be paid off.
    2) The dumb take over offer that was never going to happen.
    3) Glencore exit.

    Since that time 45% of my investment has been paid back with divs, and I am in green territory with the share price. I recently sold a small parcel (less than 15%) at 5.96. My plan was to buy back in after ex div. Im now thinking if it drops any further I may buy back in before ex div.
 
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