YAL 1.04% $6.81 yancoal australia limited

calling all yal holders, page-4

  1. 510 Posts.
    This has to be the most tightly held large company on the ASX. Hardly any shares changed hands. The company and resource is HUGE ... I am amazed that they are just slowly slowly going down ... must be just the small investors loosing faith, because clearly the big holders are not doing anything (or very very little). Not sure on this one ... so look forward to any insights. All I know is - 1. they are making money 2. world will need more coal 3. whilst other coal mines in Aust are getting established YAL is exporting (making money now). I hold - but must admit shaking my head at this one. Q: Can someone please explain YALN and what happens 3/1/14 - do they just get paid out in $$$, shares ??? cheers Hutch
 
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