I can only see upside in VUL listing on Frankfurt Prime Standard.
In the latest VUL email:
"The dual listing will increase the international profile of Vulcan, while providing the full range of the European investment community an opportunity to invest in the Company and the Zero Carbon Lithium™ Project."
This has the potential to increase the SP as instos limited to stocks listed on boards like FSE can now invest.
With research houses showing target SP's much higher than currently trading, we may see significant upside.
Alster: AUD25.00 (Jan 2021)
https://v-er.eu/wp-content/uploads/2022/01/2022_01_14_Vulcan-Energy_e18.pdf
Cannacord: AUD22.00 (Jan 2022)
https://v-er.eu/wp-content/uploads/2022/01/20220113-Canaccord.pdf
Berenberg: AUD15.90 (from Nov 2021)
https://v-er.eu/wp-content/uploads/2021/11/Berenberg_VulcanEnergy_11-2021-09_Initiation1.pdf
The statement in the announcement regarding "potential capital increase" does not raise too many concerns with me. Have a look at how well VUL have done CR's in the past. They have not sold off shareholder's future with their last two canny capital raises (6.50 and 13.50). They have shown they know what they're doing with maximising capital raising for very limited dilution.
looking good VUL.... looking good.
- Forums
- ASX - By Stock
- VUL
- Ann: Update on Frankfurt Stock Exchange Dual Listing
Ann: Update on Frankfurt Stock Exchange Dual Listing, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.74 |
Change
0.130(3.60%) |
Mkt cap ! $698.1M |
Open | High | Low | Value | Volume |
$3.70 | $3.78 | $3.64 | $573.5K | 154.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1419 | $3.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.75 | 10225 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2981 | 3.700 |
5 | 1327 | 3.690 |
6 | 18350 | 3.680 |
4 | 2088 | 3.670 |
6 | 13014 | 3.660 |
Price($) | Vol. | No. |
---|---|---|
3.710 | 535 | 11 |
3.720 | 4241 | 8 |
3.740 | 833 | 2 |
3.750 | 12859 | 4 |
3.760 | 568 | 2 |
Last trade - 15.07pm 18/09/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |