That PE is almost certainly too high.
At current prices it's probably closer to 3 or 4.
I think YAL has a 50% profit payout ratio so I wouldn't be surprised to see 1 Billion plus in dividends this year.
Ann: Quarterly Activities Report, page-37
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Last
$6.51 |
Change
-0.060(0.91%) |
Mkt cap ! $8.596B | |||
| Open | High | Low | Value | Volume |
| $6.55 | $6.62 | $6.50 | $9.103M | 1.392M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13436 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.51 | 42059 | 3 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |