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0.48%

$6.20 yancoal australia limited

Consensus forecast for 2024, accoding to Commsec, was about 0.68c

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the_pav

273 Posts.

27

24/02/24

11:24

Post #: 72574691
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Originally posted by coalforme: ↑

I think you’re probably right, Coalhardcash. I wondered yesterday whether the 3% drop on the HK market was a sign that another 70c dividend was unrealistic this time around, and that proved to be correct. We may well see a sizeable drop on Monday, as you say, but there’ll surely be a recovery In the lead-up to 12 March. I’ll be hoping that it could reach $6.20 or even $6.30 before going ex div, but that’s probably too optimistic — your $6.00 guess is more likely, I think. If so, I think there’ll be a sound case to sell/lighten at that point, given the fairly high probability that the price will fall back to $4.50 or so in the ‘shoulder season’ (June/July).

All of that said, a half-year dividend of 32.5c, fully franked, should not be a cause for complaint (as many others have commented).

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Consensus forecast for 2024, accoding to Commsec, was about 0.68c

YAL Price at posting: $5.88 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.20		Change -0.030(0.48%)		Mkt cap ! $8.186B

Open	High	Low	Value	Volume
$6.24	$6.28	$6.20	$524.4K	84.23K

Buyers (Bids)

No.	Vol.	Price($)
14	32018	$6.20

Sellers (Offers)

Price($)	Vol.	No.
$6.22	6151	12

View Market Depth

No.	Vol.	Price($)
11	20018	6.200
7	14951	6.190
7	19448	6.180
3	24465	6.170
2	77540	6.160

Price($)	Vol.	No.
6.210	776	5
6.220	7412	10
6.230	8563	10
6.240	24234	7
6.250	22257	3

Last trade - 10.46am 17/06/2024 (20 minute delay)


Last $6.20			Change -0.030 ( 0.67 %)
Open	High		Low	Volume
$6.26	$6.26		$6.20	17594
Last updated 11.06am 17/06/2024 ?

YAL (ASX) Chart