Oh they are certainly in it for the long haul with TPG I do not doubt that. I actually wouldn't be surprised to see them sell down NHC even further. It was on the market in entirety a few years ago at the top of the coal cycle and I think they probably regret not selling it then. I noticed they actually had significantly more cash on hand in the latest annual report (around 300 million) and that doesn't include the proceeds from the latest NHC sale. The interesting thing about the opaque nature of SOL is you literally have no idea what they will do next!
NHC sell down, page-5
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Last
$35.20 |
Change
0.530(1.53%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $34.87 | $35.45 | $34.86 | $9.182M | 261.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 866 | $35.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.21 | 14 | 1 |
View Market Depth
| Last trade - 15.20pm 28/11/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
