CRN 1.07% $1.42 coronado global resources inc.

Ann: Investor Call Details, page-9

  1. 2,459 Posts.
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    Seems like some real dislocation here. Miningnut might be right - moderating due to Q3 not being as clear as Q4 (eg hedge/unhedged etc). Q4 looks like a corker. Whitehaven has outpaced CRN fairly significantly but heavier debt load there constraining opportunity for special dividends etc.

    https://hotcopper.com.au/data/attachments/3691/3691624-f9a1810eb85ad80d419f8e21fbe98e35.jpg

    Looks set on the monthly to turn back to trend with $1.7 in sight.
    https://hotcopper.com.au/data/attachments/3691/3691665-602e334d4540dda44cd127aadd6fc816.jpg



    What's the prospect of another special div setup ala 31c quickly followed by 12c in 2019? If CRN runs to $3, then buying at $1.50 could set up a >12% div + 2x return. Any issues I should be aware of here?
    https://hotcopper.com.au/data/attachments/3691/3691625-b590dfb2530557646509ec987dd3b56a.jpg

    Last edited by barrybigjobs: 15/10/21
 
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