Why is S32 Share Price falling?, page-4

I believe it is due to their coal exposure in Sth Africa. Market doesn't like coal nor Sth African exposure. If sale happens on their Sth African coal the share price will get a nice uplift I think.I bought more today because at these levels I think they are one of the value bets on the ASX, It has traded between $3-4 now for two years and is at the bottom of this range now.It has bought back a large amount of its stock improving future EPS, given flat growth. It only pays out 60% of its dividend and has a good yield so has headroom to keep paying this level or more. it is a cash generation machine with relatively low capital intensity. Finally it is seeking to sell its coal business in Sth Africa which the market doesn't like.