I don’t hold because of the ccp angle. Been burnt before. However I do watch YAL and sometimes do small short term trading.
Truth is it’s been going on for as long as I’ve been investing in the asx, in particular in Aussie resources, however this is by far the most arrogant and bolshie move I’ve seen by ccp.
Maybe they’ve over played their hand thinking regulators and new labor government will let it go through.
Time will tell.
News: YAL Yankuang Energy Plans To Increase Shareholdings In Yancoal Australia, page-89
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Last
$6.97 |
Change
0.060(0.87%) |
Mkt cap ! $9.196B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.98 | $6.85 | $10.40M | 1.504M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 18756 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.98 | 6990 | 13 |
View Market Depth
| Last trade - 14.11pm 18/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |