In the capitalistic world the retail investors are just a smaller than small fry. So companies look after their bigger institutions and its no difference with VUL too. If I think as VUL management, this is VULs biggest cap raise and since its 120mil(again its 120 million) you got to offer your major investors some discount if they going to invest that sort of sum at this stage of VUL. Also offering shares to retail is time wasting process with too much to do with little gain. Vulcan has more legs to go from here on too and I believe those new big institutions are not here to quick pip. I think they know VUL has bright future so invested long term. anyone buying even in these prices should not be worried if you believe Vulcan's long term prospects. Imo only
VUL Price at posting:
$9.34 Sentiment: None Disclosure: Held
