CRN 0.86% $1.18 coronado global resources inc.

I'm sure you're not alone here. I can't for the love of life...

  1. 596 Posts.
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    I'm sure you're not alone here. I can't for the love of life understand why Coronado is the underdog. I mean they have coking coal, great assets, good FCF, great dividends - well, I guess the market's loss is my gain?
    As long as I'm getting a great yield, which currently is around 9% (unfranked) per quarter (~28% fully franked at 21% tax rate, per annum), I'm ecstatic.
    To be frank, my buy-in price is around $1.20 per share, which makes the yield around 26% per annum, fully franked at 21% tax, assuming an average of 10 cents dividends per quarter and not 20 cents which is the exception rather than the norm. The norm is around 10 cents per quarter unfranked.

    Last edited by LovesMining: 08/11/22
 
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