Share
4,783 Posts.
lightbulb Created with Sketch. 149
clock Created with Sketch.
05/01/17
18:04
Share
Originally posted by hilly_sandman
↑
SOL is a very good company with some of the best managers in town... I wonder if the 19.9% going to SOL is 100% deliberate (putting the remainder of the take-over well and truly in SOL's hands, and making the controlling interest easy to take) and the remaining 24.05% go for much closer to the current share price (or higher), as there will be competing offers.
From the statements both SOL and HHL have released it would seem that Hall really wanted the managed funds in strong hands. There are not many hands stronger than SOL's on the ASX - so bit of converse thinking - this could end up positive if we peer 5yrs forward.
Expand
The value of HHL is in the money it manages
How is SOL managing money a top line benefit to HHL?
HHL could potentially be worth very little, if anything, if it loses its investment contracts
If you were a big super fund, why would you give your money to HHL to manage if they gave it to SOL? You'd just give it to SOL
Really, if they lost all of their contracts, what value does this company have?