I think they believe that if they create a great company then the share price will take care of itself. If management relied on the share price as a guage of how good a job they are doing then I would sell my right shares now because they are allowing themselves to be distracted by the "noise" in the sharemarket.
I took up my full $30K of shares at a price a bit higher than the market. Some might consider that foolish but it went to the company and that meant more to me than a few cents discount. I would have bought more if it wasn't capped at $30K. Now those shares I bought are down 20%. Thats ok. If the manic depressive market has decided that today thats what they are worth then I'm not selling, nor am I selling at $10, and not at $15 either. Actually thats a lie I might sell some at $15 : - )
If you believe this is a great company then ignore the SP. Following the daily changes in the SP is fine. Allowing those changes to affect your mood is psychologically stressful and not fine.
Cheers, Brett
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VUL
vulcan energy resources limited
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$3.92

I think they believe that if they create a great company then...
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Last
$3.92 |
Change
0.290(7.99%) |
Mkt cap ! $925.9M |
Open | High | Low | Value | Volume |
$3.64 | $3.98 | $3.63 | $4.556M | 1.202M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1728 | $3.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.93 | 25 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1979 | 3.920 |
5 | 3674 | 3.910 |
8 | 5136 | 3.900 |
4 | 6734 | 3.890 |
4 | 6464 | 3.880 |
Price($) | Vol. | No. |
---|---|---|
3.940 | 2230 | 6 |
3.950 | 3215 | 6 |
3.960 | 6712 | 5 |
3.970 | 10347 | 2 |
3.980 | 22688 | 6 |
Last trade - 12.58pm 21/07/2025 (20 minute delay) ? |
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VUL (ASX) Chart |