Vulcan investors are in 2 camps, people who like myself (though I sold), had bought below 2 dollars and made significant profits of the way up and people who bought a year ago and saw a 50% collapse
Everything reverts to the mean, and with no DFS and progress morethan likely in 2023, this could easily crash another 50% heading towards a more logically value of 100 million MC.
Remember, that the credit raise is needed to fund management wages and keep this "demo plant" going.
The naivity of some holders not to at least cover their initial investments is astounding. Put it another way, if you bought at 15 dollars top, you will never see your money again
VUL megathread, page-5404
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Last
$3.92 |
Change
-0.140(3.45%) |
Mkt cap ! $737.6M | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.14 | $3.86 | $1.947M | 491.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| VUL (ASX) Chart |