Washington H Soul Pattinson & Co. Ltd (ASX: SOL) is an investment house business which has been on the ASX for over a century. Its origins are in owning and operating Australian pharmacies, which is where the Soul Pattinson chemist chain comes from, however, that business is now owned by Australian Pharmaceutical Industries Ltd (ASX: API), which WHSP owns 19.3% of. WHSP invests in a large number of companies across a variety of industries such as construction, resources and telecommunications.
This week, Rask’s Chief Investment Officer, Owen Rask, Wattle Partners Managing Director Drew Meredith dive into news from Perpetual Ltd (ASX: PPT) and Washington H. Soul Pattinson & Co. Ltd (ASX: SOL), how to do an in-specie transfer, and how short selling works.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.30% to 7,194.90.
The Australian market retreated on Thursday, but in a barely noticeable manner; the benchmark S&P/ASX 200 (INDEXASX: XJO) slipped 5.1 points to 7,173, while the broader All Ordinaries (INDEXASX: XAO) index lost 2 points, to 7,384.
The Washington H. Soul Pattinson and Co. Ltd (ASX:SOL), or WHSP, share price is in focus after holding its AGM and giving a Q1 update.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.071% to 7,173.30.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index jumped 116.8 points, or 1.7 per cent, to 7178.4, with all the sectors in the green. The broader All Ordinaries (INDEXASX: XAO) added 116.9 points, or 1.6 per cent, to 7,386.
The Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) share price is on watch after launching a takeover bid for Perpetual Ltd (ASX:PPT).
The Coles Group Ltd (ASX:COL) share price is lower 4.5% since the start of the 2023. It’s probably worth asking, ‘is the COL share price undervalued?’
The Washington H Sl Pttnsn nd Cmpny Ltd (ASX:SOL) share price has increased 24.1% since the start of the 2023. It’s probably worth asking, ‘is the SOL share price priced to perfection?’
