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2.68% $4.00 vulcan energy resources limited

There would be a lot of dilution if they did that.From a bit of...

  1. Kiwiguy777
    223 Posts.
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    01/03/24
    11:01
    Post #: 72690339
    There would be a lot of dilution if they did that.
    From a bit of googling, it looks like they can borrow from the EIB at below 4%.
    Once approved and other milestones met, the SP should rise and there would be less dilution from any capital raise

    VUL Price at posting: $2.40 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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