YAL 2.06% $6.95 yancoal australia limited

YAL vs WHC, page-270

  1. 485 Posts.
    lightbulb Created with Sketch. 26
    Could this drop in the HK market also be dragging out the YAL share price on ASX as why would someone buy for more on ASX when you can get cheaper on HK market? I might need to look into purchasing some on the HK market but unsure of tax implications or if it’s worth the effort required as a small holder/investor. Just bought in on Monday a small parcel of YAL. FCF just looks too good around $5 and even if 5.5kcal coal drops back to the normal range (majority of YAL sales in this coal form), they’ve reduced so much debt that there’s a fair bit of wiggle room for divs I believe in the future.
 
watchlist Created with Sketch. Add YAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.