SOLVAC NOM(RETAIL)
Education
Updated

These are the same but then they are also not.

116
Solvac SOLVis a mono-holding, it owns 30% of SOLB SOLB

So I imagined they would both go up and down the same amount.

However, they don't.

Interesting.

I imagine the reason for this is that SOLVAC is owned mostly by the family that used to fully own Solvay chemicals.

fun side fact SOLVAC also pays a higher dividend which is interesting.

It's interesting to see what this company does.
For example, It is selling a lot to airline manufacturers and was counting on 40k new planes being ordered this year.

hmmm logically they withdrew all that guidance.

Will take a second look at them over the weekend.

Rabbi
Note
So If you speak dutch, they explain the difference in here,

solvac.be/wp-content/uploads/2020/04/Solvac-annual-report-2019-NL-S15.pdf

If you do not speak dutch here is the short explainer:
Solvac is less liquid
and more important the value of 1 solvac is 1,4 solvb share - debt that is inside solvac.
Note
1 solvac is 1.5* solb

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