YAL 3.89% $7.17 yancoal australia limited

Ann: Yancoal debt prepayment of US$459 million, page-17

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    "Over last 15 months they have paid $5.5 billion in debt and dividends:
    AU$4.1 billion in debt
    AU$1.4 billion in dividends (2H2021 + 1H2022)"

    $5.5bn of surplus capital over a period 15 months.

    To demonstrate just how bananas that is, 15 months ago the market value of the company was just $2.6bn

    (Caution: Such an embarrassment of riches will surely go unnoticed by the adherents to the "From-each-according-to-his-ability, to-each-according-to-his-needs" School of Economic Theory. The Neo-Marxist members of the plutocracy wont be able to help themselves, I'm sure).

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