"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
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $132.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $229.3K | 1.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 606350 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 662521 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| TER (ASX) Chart |