For those who missed the Q1 2024 Report webcast this morning, see link below, here are some key points:
- Production guidance of 35-39Mt attributable saleable production, weighted towards second half of the year.
- No change to the dividend policy of 50% of NPAT or free cash flow whichever is higher, subject to YAL board members decision.
- On market share buy backs are still not being considered at this stage. Management is seeking inclusion of ASX200 / ASX300 which requires free float of 30%, free float is currently at 28.4%, focus remains improving the companies free float ratio.
- Continuing to closely manage the companies controllable costs elements and further reduce costs.
- No discussions of M&A at the moment, however management are always actively looking. Positive discussions with FIRB whilst bidding for B&D, don't see any issues within the Australian approval system regarding potential M&A's in the future.
- A lot happening now between China and Australia which puts YAL in a very strong position.
https://edge.media-server.com/mmc/p/zefb353o/
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$6.95 |
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Mkt cap ! $9.177B |
Open | High | Low | Value | Volume |
$7.15 | $7.19 | $6.91 | $21.70M | 3.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 432 | $6.93 |
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Price($) | Vol. | No. |
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$6.95 | 58937 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 432 | 6.930 |
3 | 7300 | 6.920 |
3 | 9491 | 6.910 |
6 | 31444 | 6.900 |
2 | 3298 | 6.890 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 58937 | 4 |
6.960 | 3835 | 1 |
6.980 | 8451 | 3 |
7.000 | 8711 | 2 |
7.010 | 7711 | 1 |
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