Agreed, however the issue is we don't know what the future coal price will be.
What we do know however is that supply is not keeping up with demand. Due to the covid Fog its hard to get a handle on what
the New Normal Coal price will be.
The current price is is so cheap. Its basically 12 months of cash.
YAL valuation and potential final dividend, page-9
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Last
$6.81 |
Change
0.070(1.04%) |
Mkt cap ! $8.992B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.87 | $6.71 | $10.50M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6043 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 30193 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |