Well The (New Hope) Coal business will be a drag for the foreseeable future. And we await a continuing improvement from ChemCopper = Contribution to Group result: $38.7 million loss.
I don't invest in SOL for significant capital growth. It is a diversified conglomerate - that has a history of solid, but unspectacular regular dividends and the occasional special dividend.
My previous comment related to SOL (and BKW) management focus on this issue over the past 18? months - not to mention internal and external costs. Milner can now refocus on managing SOL (and BKW), that was my intent of the post. I think this was not the first time that this "idea" has been floated. I just hope it is the last.
In summary, I probably prefer BKW to SOL and may swap - this however does not make my sentiment "a sell".
Good Luck to all SOL (and BKW) holders.
Ann: Ceasing to be a substantial holder, page-4
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Last
$34.98 |
Change
0.310(0.89%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $34.87 | $35.45 | $34.86 | $17.38M | 495.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 919 | $34.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.98 | 280 | 1 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
