i think the company has enormous potential however todays news was disappointing with reduced r&D EPS still went backwards, the trading environment has improved for this company over the past 18 months but they havent been able to capitilise
IMl last bought the stock around $1.10 in December and havent been a buyer since, alright they havent sold either which is in VSL's favor but they arent buying in the $1.20's
i reckon IML's average price would be low $1.00 at the most so if it gets back there they will top up
the dividend is also fully taxable so i wouldnt be bragging about holding for income
the stock has droppped from a high of $1.59 to todays close at $1.20, i dont know how much buying got it back to $1.20 but it looks pretty thin on the buy side
although i would love to get back in for $1.00 i am not trying to talk this one down, i just think the trend is over for now. hopefully long term holders will be rewarded some day but i dont think it will be in the next 6 months unless strong announcements come through
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Last
$7.72 |
Change
0.310(4.18%) |
Mkt cap ! $965.8M |
Open | High | Low | Value | Volume |
$7.47 | $7.72 | $7.45 | $897.0K | 118.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 228 | $7.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.80 | 5629 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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VSL (ASX) Chart |