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Vulcan Steel Ltd. ( (AU:VSL) ) just unveiled an announcement.
Vulcan Steel Ltd. announced the cessation of 231,362 performance share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s operations by adjusting its issued capital, potentially affecting its market positioning and stakeholder interests.
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. operates in the steel industry, focusing on the production and distribution of steel products. The company is known for its performance share rights and is listed on the Australian Securities Exchange (ASX) under the code VSL.
Average Trading Volume: 46,380
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.05B
Find detailed analytics on VSL stock on TipRanks’ Stock Analysis page.