VSL 4.18% $7.72 vulcan steel limited

Not everyone owning VSL suscribed to its DRP, but VSL has issued...

  1. 252 Posts.
    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.
 
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