Is NHC sale a catalyst for the Brickworks cross shareholding unravelling.. some articles on this today?
With NHC ungeared and SOL (I think ungeared)...not sure of Brickworks...there is going to be a pile of Cash at the end of all this. Will SOL then look to a change and another very major long term Investment like NHC taking advantage of some low prices at the moment?
Seems to be getting out of NHC on a high with offshore Companies knocking down doors for Coal Assets and with NHC own Coal Port arrangement in Brisbane a bonus.
I hold SOL and SOE and will take the .163 for SOE (gets me out of jail..thank you!!) and no way selling SOL at moment until the Coal dust settles.
SOL has been a standout in current market eruptions.
SOL Price at posting:
$13.64 Sentiment: Hold Disclosure: Held
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