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.
not a good look
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.69 |
Change
-0.120(1.76%) |
Mkt cap ! $879.1M | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.86 | $6.64 | $1.046M | 156.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2961 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 673 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| VSL (ASX) Chart |