VSL 1.84% $6.41 vulcan steel limited

not a good look

  1. 252 Posts.
    Not everyone owning VSL suscribed to its DRP, but VSL has issued an 1.8M shares to cover the shortfall anyway.

    The last company I remember doing this was ION.

    No company on sound financial ground should need to to this. Have VSL got some cashflow problems? A look at the HY report showed operating cashflow wilted from 5.9M to 1.6M. I suspect it's getting worse.
 
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Last
$6.41
Change
-0.120(1.84%)
Mkt cap ! $842.3M
Open High Low Value Volume
$6.50 $6.50 $6.34 $286.9K 44.77K

Buyers (Bids)

No. Vol. Price($)
1 211 $6.36
 

Sellers (Offers)

Price($) Vol. No.
$6.42 412 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
VSL (ASX) Chart
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