I used to work with Rhys Jones almost 30 years ago when he was an up & coming manager at Fletcher Steel. He was a sharp cookie back then & also was a straight shooter. All good attributes to take a company like this forward. I assume he just received a substantial pay day! Good for him.
Based on his shareholding, a well over $30M payday for him!
What a great story for him and Peter! A classic example of the merits of putting the head down, ar$e up; and not bothering with all the big song & dance.
What a sensational performance today, and post IPO this business has been. Would have been in my top 5 pick (which I am still to do) had it not run so much. Wish I had bought a bit more but a nice one to have in the portfolio
What a sensational performance today, and post IPO this business has been. Would have been in my top 5 pick (which I am still to do) had it not run so much. Wish I had bought a bit more but a nice one to have in the portfolio
Pretty amazing eh moose
Vulcan puts STU to shame ……makes them a also run.
I doubt STU will ever go at Vulcan speed
”When investors are euphoric, they are incapable of recognising euphoria itself “
I still picked up a tranche of STU happy holder there too. About half the size of my VSL stake. At least with STU you have option value associated with a continued turn around. And i presumed better imputed dividends but not sure how their IC account is looking. VSL strong exposure into a fragmented AU market which I have a feel may grow and stay higher for longer. Happy days
Vulcan H1 EBIT times 1.2 (to annualise) divided by 10 (Vulcan share price) multiplied by 50 (STU conservative esp EBIT) divided by 166m (number STU shares) equals what STU share price should be
Cool eh ..excitement builds
Me, just be happy to see VSL share price 11 buck tomorrow
”When investors are euphoric, they are incapable of recognising euphoria itself “
Vulcan H1 EBIT times 1.2 (to annualise) divided by 10 (Vulcan share price) multiplied by 50 (STU conservative esp EBIT) divided by 166m (number STU shares) equals what STU share price should be
Cool eh ..excitement builds
Me, just be happy to see VSL share price 11 buck tomorrow
$ 11 with 20 cents or more divvy will be perfect . Holder
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