Two research houses, Canaccord Genuity Australia and German-based Alster Research, both issued positive recommendations to investors that rejected the claims made days earlier by Beijing-based J Capital.
Vulcan chief executive Francis Wedin’s email on Wednesday linked to the two newly issued analyst notes, highlighting their price targets on the stock of $21 and $22, respectively – double its $10.81 closing price stock that day.
The email did not mention that Canaccord and Alster are paid by Vulcan.
AFR, 8/11/2021, Vulcan’s global PR factory spews emissions for moonshot lithium plant
Ann: European Investment Bank proposed EUR500m ($825m) financing, page-49
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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 |
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| VUL (ASX) Chart |