Another factor I forgot to mention is that the reason for the cost increase was to market that new product.
I think there are lots of traders who have dumped this stock.
Take a long term view with this. The advantage in getting in now is 2 fold. When it rises to say 1.50 you can pyaramid and the current potential of the stock (which has not changed as a result of the result) is still in tact so there is flow or base for the stock.
vsl - looking good going forward, page-7
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Last
$7.23 |
Change
-0.070(0.96%) |
Mkt cap ! $950.0M | |||
| Open | High | Low | Value | Volume |
| $7.33 | $7.42 | $7.20 | $301.4K | 41.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 215 | $7.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.40 | 563 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| VSL (ASX) Chart |