Agreed. Rather dumb posturing from them.
Mathematics would suggest the stock is worth North of a conservative $10.00. But as a cyclical provide they keep paying down the debt and keep handing out the Divs and we should be fine for many years to come.
Coal is here to stay for the rest of our lives at least. It will always be in the energy mix. Supply will never increase dramatically so prices should always be higher than the cash cost of mining it at YAL.
Ann: HKEx - Yankuang Energy Progress update on the Potential Tran, page-16
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Last
$5.47 |
Change
0.030(0.55%) |
Mkt cap ! $7.222B | |||
| Open | High | Low | Value | Volume |
| $5.51 | $5.54 | $5.45 | $10.86M | 1.978M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17500 | $5.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.52 | 8503 | 3 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| YAL (ASX) Chart |