This is pure speculation on my part but I've had a feeling for a few years that SOL would wait for an upswing in the coal cycle and then take the chance to get out of NHC due to all the ESG crap they constantly cop over it. I think the first hint of this intention was selling down their stake from 60 to 40 percent over the past couple of years. I think the heat is only going to intensify since all the new shareholders came on board through Milton and with SOL also entering the ASX100. It's going to be printing dividends for a good few years yet and considering the cash flow is still trading on a very low valuation which to me suggests it would be better of as a private business. I'm not saying I won't this to happen by the way! Just curious as to what the other holders think.
Future for SOL and NHC
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Last
$32.01 |
Change
0.060(0.19%) |
Mkt cap ! $11.55B | |||
| Open | High | Low | Value | Volume |
| $32.00 | $32.19 | $31.84 | $6.283M | 196.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $32.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.02 | 1387 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$32.01 |
Change
0.060 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| $32.04 | $32.18 | $31.84 | 68230 | ||
| Last updated 16.10pm 06/05/2024 ? | |||||
| SOL (ASX) Chart |