YAL 3.61% $6.95 yancoal australia limited

Ann: HKEx Monthly Return Notice December 2019, page-2

  1. 885 Posts.
    lightbulb Created with Sketch. 108
    No-one cares that this stock dropped 7% today, down 0.20 on no announcement? Nothing to see here?

    I've been watching Yancoal wondering whether it might be worth getting some on weakness during the bushfires, but the fact that not a single holder cares enough to comment on a 7% fall and top bid at 2.52, a multi year low, tells me that it must have broken a lot of spirits on the way down. I've never seen a three and a half billion dollar company look so friendless.

    Is there a resident ramper who can explain the fall and why it is now a bargain?
 
watchlist Created with Sketch. Add YAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.