VUL 5.41% $4.09 vulcan energy resources limited

Meledath, I suspect that the share price stagnated this week...

  1. 434 Posts.
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    Meledath, I suspect that the share price stagnated this week because of concerns that the 5.9 million shares coming out of escrow could flood the market. It may take another week or so before these concerns are allayed.
    I accept that the company will eventually need to raise funds but they have made it clear that cash injections will come from European sources. Shareholders will probably not need to dip into their pockets but of course we face the likelihood of share dilution.
    Thank you for exposing the selective campaign emanating from some HC posters. Sure, they are aggrieved by their losses in that particular Director's companies but they fail to mention that there also many shareholders who were very big winners. Above all, they have completely ignored the role that other well- credentialled Directors and employees will play in trying to bring this innovative project to fruition.
 
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