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Vulcan Steel Ltd. ( (AU:VSL) ) has provided an announcement.
Vulcan Steel Ltd. has announced a change in the director’s interest, with Barthold Willem Floris Bierens de Haan acquiring an additional 20,000 ordinary shares, bringing his total to 200,000 shares. This acquisition was part of the retail component of a fully underwritten accelerated renounceable entitlement offer, which could potentially strengthen the company’s capital position and enhance its market operations.
The most recent analyst rating on (AU:VSL) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.
More about Vulcan Steel Ltd.
Vulcan Steel Ltd. is a company incorporated in New Zealand, operating in the steel industry. It primarily deals with the production and distribution of steel products, serving various market segments across New Zealand and Australia.
Average Trading Volume: 46,380
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.05B
See more data about VSL stock on TipRanks’ Stock Analysis page.