SOL's biggest asset is their massive stake in TPG which is down 17.5% as i write after re-opening after TPP/CR. Yet SOL only down about 20cents this morn and i expect SP to fall further. SOL ex div on Wed not today.
I expect NHC will get phase 3 approved by early May but I've visited the mine and seen how thin the multiple seams of coal are. The amount of over burden removal is incredible. Mine run very efficiently but with coal price likely to follow IOP i'm not convinced SOL is worth current SP of $18.70. How did it almost get to $19.00?
SOL still a 'sell' for me.
Sell Your Soul, page-59
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Last
$34.98 |
Change
0.310(0.89%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $34.87 | $35.14 | $34.86 | $4.190M | 119.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 428 | $34.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.00 | 250 | 12 |
View Market Depth
| Last trade - 13.39pm 28/11/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
