I believe CRN being Met coal holds far less risk, and can take advantage of the arbitrage, the volume produced by both companies is not comparable, whereby CRN, is light years ahead of TER, considering yearly free cash.
Im not sure you have all the facts if anyone suggests TER is remotely close.
FYI; CRN dividend has been 35c in the last 6 months (circa 25% yield), you cannot take a single point in time and compare as others have done in posts above on this thread.
To be fair; if you are after yield consider the likes of YAL; producing 32Mt with $2.8B free cash per half year, but the risk being major chinese shareholders… but if you risk buying TER given their management, then YAL or CRN, is no problem for you.
I believe CRN being Met coal holds far less risk, and can take...
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Last
$1.41 |
Change
-0.005(0.35%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.39 | $2.644M | 1.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 28196 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 112488 | 21 |
View Market Depth
| Last trade - 13.13pm 10/07/2024 (20 minute delay) ? |
| CRN (ASX) Chart |