VSL 0.15% $6.81 vulcan steel limited

VSL took a bit of a hit today but was able to stay above the 30...

  1. 226 Posts.
    VSL took a bit of a hit today but was able to stay above the 30 week EMA of $1.18. I think this is a good sign of support coming into the stock.

    I don't believe it was dumped as the volume was shares traded today was minor.

    It is paying regular dividends.

    Going forward it does have enormous potential for EPS growth. I also thought the current results were a abit disappointing but the future holds heaps of potential for growth.

    Investors Mutual hold around 15% of the stock and are heavy supporters of the business strategy.

    I do hold a position and these are my thoughts only.

 
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