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clock Created with Sketch. 29/10/20
14:15
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Originally posted by timbowls:
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Some very interesting stuff here. The borrowed money and high cash balance is the part that keeps jumping out at me. Listening to a recent interview with Rob Millner he seems to think that the worst is yet to come economically and that early next year will be when the opportunities arise for SOL which is why they've put this war chest together. He did also mention that he thought that the opportunities would come about in private businesses rather than listed equities which is probably pretty reasonable considering how high the market is relative to the "real economy" circumstances. I'm really looking forward to seeing how they approach this.
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I'll be waiting again for lower SP. Next leg down will be another good opportunity to add more. Trading SOL since 2015. Hold.
(20min delay)