YAL 0.50% $6.09 yancoal australia limited

please explain to me, I'm not young but still naive.how can...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,303 Posts.
    lightbulb Created with Sketch. 157
    please explain to me, I'm not young but still naive.
    how can they sell 180 million shares on market? how can they accomplish that considering the typical daily volume is only around one million?
    if Cinda really need money, what 500'000 shares a day is going to help? wouldn't be wise just put down a deal like Glencoe did?
    anyway I'm seriously thinking about dumping all my shares.
    there are too many uncertainties around this stock.
    even if I get $1 big fat dividend next March but SP stuck between $5.5-$6. I might as well buy WHC,NHC,TER,SMR get a boring 10-15% rise monthly.
 
watchlist Created with Sketch. Add YAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.