YAL 2.87% $6.10 yancoal australia limited

Projected Half Yearly Dividend for FY 22, page-145

  1. 324 Posts.
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    Nothing to worry about. The market is assuming that the winter in northern hemisphere will be over in Feb so the price will naturally fall. But YAL has already announced that it will ship 2 cargos to China in Feb. price is locked I guess?

    No matter what the coming div has nothing to do with the Feb coal price. I am buying the dip. Bought another $12k yesterday. Do your own math. If the div is $0.7 FF ($1), it's still 10% against $6.5 per share.
 
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