As a result of the MLT takeover there sre a very large number of shareholders who invested in a LIC and now end ip.owning a hybrid. I have been posting that I think msny will sell and buy something like ARG or AFI. That puts this share under pressure until the owners change to those comfortable with a hybrid. I think it is a very good price below $30 - the MLT deal had an implied value of $31 for SOL but they got a 10% premium to NTA so ariund $30 they are at breakeven on NTA.
I think as a SOL shareholder I will seek to acquire a few more when this weakness gets more pronounced. I suspect we could getvs lot of volume as the price keeps dropping. At some point it could become a real bargain.
SOL Price at posting:
$29.61 Sentiment: None Disclosure: Held
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