One unmentioned factor is this will reduce SOL's revenue from coal to well under 25% of total revenue. For many ESG funds this is the point at which they won't invest. One example is the huge Norweigan sovereign wealth fund. They own about 1% of all ASX equities but have so far excluded SOL.
So far the market is liking it. Gets the portfolio sufficiently diversified without a huge tax hit if we were to sell down any of the major holdings, and lets Miltion get above NTA.
Ann: WHSP Announces Merger with Milton, page-36
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Last
$34.50 |
Change
0.170(0.50%) |
Mkt cap ! $12.68B | |||
| Open | High | Low | Value | Volume |
| $34.53 | $34.53 | $34.19 | $16.75M | 486.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 640 | $34.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.50 | 217 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| SOL (ASX) Chart |