You might need to skip to 43.27 on the video and have another listen, Matt is in fact quite positive on YAL. He mentioned YAL sells a lot of API5 or 5500kcal coal, which is currently in an uptrend, Q3 prices were US$88/t compared to their recent Q4 prices of US$96/t. YAL also sells semi soft coking coal, and PCI both products are fetching US$163/t & US$186/t respectively. Matt mentioned this positive uptrend in API5 is what you want to see and suggests YAL should be in for a decent 2024 with a BUY rating below $5.50, and a hold above $6.00.
Ann: Quarterly Activities Report, page-168
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Last
$7.08 |
Change
-0.090(1.26%) |
Mkt cap ! $9.256B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.20 | $7.00 | $15.55M | 2.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 317 | $7.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 8766 | 8 |
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| Last trade - 14.06pm 11/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |