VUL 0.22% $4.65 vulcan energy resources limited

Unfortunately Frankfurt mirrored ASX overnight, just over 10%...

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    Unfortunately Frankfurt mirrored ASX overnight, just over 10% down with comparatively high volume for the day (for Frankfurt, where not much VUL is ever traded!).

    On the positive, daily reported shorts sharply declined on Monday, though - due to the lag - aggregate short reporting to 10 May still appears higher at 5.44% (and it’s not taking into account yet the add-in of the new shares on issue which occurred this week either).

    Has anyone come across any updated broker/analyst research or detailed commentary post-equity raise a fortnight ago, or even post-DFS release a couple of months ago? It seems quite sparse and by now I would’ve expected to see more analyst updates and comments. Just trying to better understand what is driving this selldown from someone credible who is not an anon short/bear/pest posting here.
 
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