Maybe they are flushing speculators and offer a special dividend later.
Either way they still have the cash With Nat gas prices below pre energy crisis level in europe, LNG orders are up in Quatar, things seem to be balancing out. Demand for Thermal in Asia is not going to decrease but pressure on thermal coal could come from Nat Gas.
A move into more MET coal would seem to me prudent for YAL?
Buy the dip is my thesis.
Ann: Company presentation, page-217
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Last
$6.20 |
Change
0.020(0.32%) |
Mkt cap ! $8.186B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.23 | $6.10 | $14.72M | 2.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2995 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.21 | 74373 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$6.21 |
Change
0.020 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| $6.10 | $6.23 | $6.10 | 351880 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| YAL (ASX) Chart |