Because everyone wants to time the market, have their cake and eat it too.
At the end of the day the only thing you can time is the sweet sweet dividends. You will most likely be able to buy in from 4.60-6.50 over the next 12months. But the kicker is YAL has consistently been able to pay out, and the more exposure it gets the more volume we will get. And volume has improved significantly over the last 12months. I am buying another 30k soon and I will then reinvest the dividends. Then I will be looking at oil tanker companies. Yancoal will provide me with a significant side income over the next 5-10 years, coal is not going anywhere.
Ann: Company presentation, page-137
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Last
$6.18 |
Change
0.010(0.16%) |
Mkt cap ! $8.160B | |||
| Open | High | Low | Value | Volume |
| $6.17 | $6.21 | $6.16 | $10.04M | 1.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 33895 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$6.18 |
Change
0.010 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $6.17 | $6.21 | $6.16 | 149384 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| YAL (ASX) Chart |