Let me start by saying I believe this stock will be a real winner long term.
But the thing that caught my eye today is the time scale..... Delivery in 2025. This stock is going to find it hard to continue justifying such a loft valuation until this time. Particularly when you compare against the likes of SYA who have a bigger resource and will be producing in the next 12 months.
VUL has been a real winner for me, but today I got out at just over $10.00 and will assess for re-entry.
Ann: Binding Lithium Offtake Term Sheet Signed with LG, page-67
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.76 |
Change
-0.100(2.59%) |
Mkt cap ! $707.5M | |||
| Open | High | Low | Value | Volume |
| $3.80 | $3.83 | $3.72 | $1.329M | 354.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 428 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.80 | 5885 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |