YAL 0.18% $5.71 yancoal australia limited

This company seems quite unique, I'd like some responses from...

  1. 1,091 Posts.
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    This company seems quite unique, I'd like some responses from long-term holders as to why YAL continues to trade at a very low EV/EBITDA? I'm considering an investment to get exposure to the cash balance, FCF and the dividend policy.

    Is it because of the following reasons?

    1.) Banks and other institutions have been mandated to no longer invest in coal stocks, potentially driving up the cost of capital for the company.
    2.) Relatively illiquid stock due to a large holding % being made up of offshore Chinese entities?
    3.) Any uncertainty re future dividend policy?
    4.) Regulatory risk from future Federal decision making?

    I'm no expert in this sector, but these were a few of the things I could think of. Any responses appreciated.
 
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Last
$5.71
Change
0.010(0.18%)
Mkt cap ! $7.539B
Open High Low Value Volume
$5.74 $5.77 $5.65 $6.316M 1.107M

Buyers (Bids)

No. Vol. Price($)
1 1593 $5.70
 

Sellers (Offers)

Price($) Vol. No.
$5.71 12206 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$5.71
  Change
0.010 ( 0.11 %)
Open High Low Volume
$5.76 $5.76 $5.65 116894
Last updated 15.59pm 06/05/2024 ?
YAL (ASX) Chart
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