VUL 2.68% $3.83 vulcan energy resources limited

Back to$16, page-22

  1. 236 Posts.
    lightbulb Created with Sketch. 70
    I first bought in at 0.51 back in 2020, then some more at 0.95.
    Sold most at between $7.85 and $14.64 the next year as I thought the SP was overcooked given how far development and funding had to go.
    I still retained a lot of shares and my holding cost is negative 6 figures.
    I kept the faith even when the SP went down to just over $2 earlier in the year, but unfortunately had little cash then to top up.
    But I topped up at $4.11 recently as I still think it's a great buy given how much progress has been made.
    Getting to $16 will depend on the timing and structure of financing, plus the lithium price and production timeline.
    If the stars align that's possible.
    Regardless, i still think there is a lot of upside in the next couple of years as the project is de-risked and funded
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
(20min delay)
Last
$3.83
Change
0.100(2.68%)
Mkt cap ! $720.7M
Open High Low Value Volume
$3.83 $3.88 $3.77 $825.2K 215.7K

Buyers (Bids)

No. Vol. Price($)
2 11000 $3.80
 

Sellers (Offers)

Price($) Vol. No.
$3.85 2000 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
VUL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.