Heya Masami. For my part, I really don't think it's priced in....

Heya Masami. For my part, I really don't think it's priced in. Think of the headlines: 'revenue down 50%', 'Net profit down from $2,668m to $673m', 'Dividend down from 0.42c to 0.08c'.

I think retail still doesn't fully get it (think of how many people on here were surprised at 8c) I think some of the analysts still dont get it either I see the consensus for earnings around $800m for FY24 which, as discussed on this thread, we think its going to be less.

Last two years payout ratio for dividends has been 23%. given the acquisition it makes sense they payout at 20% which equal about 0.08c At current share price thats about 2% forward dividend yield.
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Of the coal stocks I follow WHC reports first I think there will be some carnage. Let's say they report on the 16th Feb. I think they will be some carnage after this, maybe after the dividend ex date on the 23rd.