VSL 4.18% $7.72 vulcan steel limited

hit $1.00, page-3

  1. 681 Posts.
    yeah looks pretty good, bought a few @0.95 into my super fund as a long term investment like the story and potential upside over next couple of years.

    my charting opinion. might take a while to travel from 1$ to 1.20 as a lot of people bought in at those levels on the way down and may look to exit. held well above $1 on friday after a 5c run the previous day. if it doesnt hold above 1$ has potential downside to 90c. break above 1.20 should see it run to 1.60.

    was interesting comment to put a share price
    (personal opinion only) on the coy of $1.70, can they do that in official announcements. lol.

    will be interesting to see if they can increase revenues from the R&D that they have just completed, i like confidence in management anyway to put a share price on the coy, he didnt put time frame on it so might take a while.





 
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