Bisnis, JAKARTA — PT Bukit Asam’s stock (PTBA) saw correction over this week after the company distributed dividends amounting to IDR 4.58 trillion last weekend on Friday (7/6/2024).
Analysts Bearish on PTBA Amid Weakened Coal Prices, Stock Downtrend
The majority of analysts are bearish on PTBA despite the company’s generous ratio in its recent dividend distribution, citing weakened coal prices as a prominent factor influencing their recommendations.
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