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.
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Mother of all post IPO prospectus upgrades and there are only 860 shares available for sale on the NZX - classic. 10,000 on the ASX.
nice results always thought the stock looked interesting
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
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
First HY results being reported today with FB forecast of $ 74 Mil ...lets see how it does ?
Shareguy got his abacus ready
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