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/
For those who missed the Q1 2024 Report webcast this morning,...
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Last
$5.95 |
Change
0.080(1.36%) |
Mkt cap ! $7.856B | |||
| Open | High | Low | Value | Volume |
| $5.87 | $5.95 | $5.84 | $20.23M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18213 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 5381 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$5.93 |
Change
0.080 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $5.89 | $5.95 | $5.84 | 327690 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| YAL (ASX) Chart |