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N
@Khlmysee
1Anno·

Does anyone know what's going on at Solvay $SOLB (-2,69%) is going on? - 81 % Somehow I can't find any information.

8 Commenti
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Hannes@Hannes_SK
1Anno
Spin-off from $SYENS.
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Enrique@Dividenden_Monteur
1Anno
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N@Khlmysee
1Anno
@Der_Dividenden_Monteur Thank you. Is that to be understood as meaning that over 80% went into the spin-off?
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Cashflow I.@Cashflow_Investor
1Anno
@Kohlmeyse yes, Syensqo is traded on the stock exchange with a market capitalization of 10 billion. This means that Solvay has lost 10 billion, hence the minus -80%.
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Epi@Epi
1Anno
Looks like a 1:5 split. 🤷
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N@Khlmysee
1Anno
@Epi looks like or is one? 😅
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Epi@Epi
1Anno
@Kohlmeyse Well, for the sake of the shareholders, I hope it's a split! 😅
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MatisseVerleye@MatisseVerleye
1Anno
Part of $SOLB split off from $SOLB as $SYENS. This company is the more innovative version of Solvay. They make new products whose value has yet to be proven.
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