Ann: FY24 Q3 quarterly result briefing, page-15

Soul Pats have only going one way with their holdings.

5 years ago they were at 10%, 30/6/23 they were at 5%. Then to 31/12/23 they were down to 2.9%.
It has been a common trend for a lot of their holdings in listed companies where they have shown a bigger interest in private businesses.

Interesting to see the 5 year chart trending down from upper $0.60's to $0.40.

The company is much better value now than it was in the upper $0.60's. it has close to double the rigs, with a high quality fleet.

Capital growth spend over for now and generating an eye watering amount of of cash. $24M in 6 months.

A high yield being paid.

Plant and equip worth double what they show in the books.

Look forward to the quarterly.