VSL 3.08% $7.69 vulcan steel limited

no resistance in sight, page-2

  1. 226 Posts.
    I never considered the possibililty of one of their businesses being sold but why not? The stock as a whole is clearly trading at a lower value than the sum of all their businesses individually, so perhaps it should be broken up for it's full value to be realised.

    Either way, it's value will be recognised by the market in due course, a process which I feel has already started.

    Remember this compnay was trading at $3.60 in 2001. Now that's it long term downtrend has been broken it's not unreasonable to assume that in time it can trade but to these levels. I have seen it on many other companies after the downtrend has been broken and after a very large base formation has taken place.

    I hold, my opinions only.
 
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Last
$7.69
Change
0.230(3.08%)
Mkt cap ! $1.013B
Open High Low Value Volume
$7.64 $7.79 $7.34 $664.5K 86.81K

Buyers (Bids)

No. Vol. Price($)
1 144 $7.51
 

Sellers (Offers)

Price($) Vol. No.
$7.69 425 1
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
VSL (ASX) Chart
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