YAL 0.00% $6.13 yancoal australia limited

Projected Half Yearly Dividend for FY 22, page-388

  1. 10,761 Posts.
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    I too have often found this, and not just with thermal coal or Yancoal alone.

    What appears to occur is that the collective 'Mr Market' reads a result (perhaps not as well as he ought), decides it's not as good as he'd have liked (including a weaker than expected dividend) and rapidly punishes the stock but then either overnight or in a small number of trading days, re-reads the summary result and does a little more research, and then decides he was 'harsh' and hence the SP rises somewhat.

    Irrational but a reminder that none of us are omnipotent God.
    Last edited by Hopeful9: 28/02/23
 
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