And worth noting they had about $1b @ 30 June in the bank .... 36 days later thats about $1.5 then in a few weeks they will use $150m to buy back some shares by which time the bank account will be $1.5 - 0.15 + new sales of say $250m so 1.6b and then pay a divi of say $600m and start a new BB of $1b so bank is empty except they earned another $x ......
but sure the short term is down ....
- current coal price dropped for a few days as oil price (other energy sources) fell
- govt announces and votes for a more restrictive climate change policy
Play your own timeline - it could be an interesting 5 years ....
why the almost 5% decline today?, page-12
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$7.16 |
Change
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Mkt cap ! $5.990B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3922 | $7.12 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 2173 | 1 |
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