While we'll know in hindsight, the price drops this week have hints of capitulation.
Their last reported pre-tax NAV was around $26.4 per share, so there is now a modest premium (even if there is a slight downward adjustment to NAV for the overall markets being in red). Whether the current premium turns into a discount is anyone's guess, but that's enough of a basis for some to start to buy.
Prior to Milton, I would've probably demanded a discount because of the size of their strategic portfolio, but now they have more funds to find future entrants to their strategic portfolio.
Ann: 2021 AGM Presentation, page-54
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Last
$41.78 |
Change
0.250(0.60%) |
Mkt cap ! $15.36B | |||
| Open | High | Low | Value | Volume |
| $41.61 | $42.00 | $41.41 | $15.66M | 374.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4117 | $41.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.90 | 1300 | 1 |
View Market Depth
| Last trade - 16.13pm 26/06/2025 (20 minute delay) ? |
| SOL (ASX) Chart |