I'll be taking the same approach. Hold for yield considering we've now received 27.5 cents in dividends since September last year and remembering we were trading around 30 cps on 28/2/22. Extraordinary returns really and if Newc futures start recovering from here as many predict, including Mr Flynn at WHC, and trade around 250-300 USD /T from late March /April we should see another 10 cps f/f div for the June quarter and possibly even for March. Id prefer they pay 7.5 cps for March though until coal price settles at higher levels as all the fundamentals kick in after full Russian bans, European re-stock begins, Chinese demand increases, Adani blows up etc etc
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I'll be taking the same approach. Hold for yield considering...
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