Anglo at 823c is trading on a P/E of around 6.5x, which looks cheap for a diversified miner, but the divide…by @cape_steel on $AGL

Anglo at 823c is trading on a P/E of around 6.5x, which looks cheap for a diversified miner, but the dividend yield sits below 4% so you're not getting much income while waiting for a copper or iron ore bounce. Balance sheet is solid after the asset sales, but spot prices matter