YAL 1.46% $6.06 yancoal australia limited

not sure indiscriminate is the right word. Arguably rationale at...

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    not sure indiscriminate is the right word. Arguably rationale at a static multiple. One must decide what they think is a reasonable multiple for a company and then buy at a cheaper price if value investing. Ev/ebitda for yal is too low imv. I’d consider selling if share price held up and coal price tanks, but if moving in sync then it’s an easy hold above 150/t

    https://hotcopper.com.au/data/attachments/4800/4800223-b0c8069c581d1d6689ecb15f9b0c66a7.jpg

 
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