VUL 4.28% $4.25 vulcan energy resources limited

It's down because of this:Vulcan has received firm commitments...

  1. 558 Posts.
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    It's down because of this:

    Vulcan has received firm commitments to raise A$120 million
    (before costs) through a strongly supported placement at A$6.50 per
    share to a suite of ESG-focused institutions
    . Goldman Sachs and
    Canaccord Genuity acted as Joint Lead Managers.

    Expect it to hit close to or below $6.50 before bouncing.
 
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