VUL 2.69% $4.96 vulcan energy resources limited

Ann: Successful Completion of A$109m Placement, page-81

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  1. 559 Posts.
    lightbulb Created with Sketch. 40
    I don't think its a stinker...I also don't think it will stop at $3.50

    Personally I like this company, but the technicals are looking uuuuuugly right now - given its broken the June 2022 low of $4.78 there is nothing but clear space between it and $2 - it's basiclaly looking like it will close that gap from the back end of 2020. If you're in for the long haul, I guess it doesn't matter, but a LOT of stop losses will be getting hit right now...

    Good luck all, I'll stay on the side lines for now.
 
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