If you look at SOL's Balance sheet in the half year it states that Cash and cash equivalents are $519 million. However, they are in pockets so NHC actually has $353 million in cash. I have not checked how they consolidate NHC so that may well mean that they take the whole amount into the balance sheet and then put the 50% under minority interests in equity.
I suspect that is correct so around $166 million is theirs then add the building they sold $100 million less tax etc.
Probably do have around $1.00 per share in cash they have total control over...
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$34.99 |
Change
0.030(0.09%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $35.31 | $35.38 | $34.92 | $3.583M | 101.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 135 | $34.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.99 | 72 | 5 |
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| Last trade - 13.02pm 03/12/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
