"Coal futures are up"
July 2024
November 2024 - (note price is actually 168.6 and not the 214 shown in the chart)
The dividend yield is not 31.14% gross!
Mining stocks have operating leverage. Coal prices have fallen by c.60%, yet TER has only fallen by c.23%.
If holders are unlucky TER may indeed have to announce that it'll transition to care and maintenance.
What will the dividend yield be in that scenario?
0.
GLTAH
Ann: Dividend Declaration, page-696
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.5¢ | $88.92K | 470.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 149945 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 89565 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |