VSL 4.18% $7.72 vulcan steel limited

vsl - looking good going forward

  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.

 
watchlist Created with Sketch. Add VSL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.