I don't think China buying our coal is an issue of the value of YAL. Whitehaven does not sell anything to China and it trades at less than 2 times PE.
I still think that the parent will come in with another offer to buy us out. But this time at a reasonable premium. They will burn coal for decades and decades and decades. They may as we well buy us out for only 2-3 years of Profit.
Ann: Quarterly Activities Report, page-23
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Last
$6.62 |
Change
0.220(3.44%) |
Mkt cap ! $8.741B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.63 | $6.41 | $13.60M | 2.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1512 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 11309 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| YAL (ASX) Chart |