VUL 0.70% $4.23 vulcan energy resources limited

VUL megathread, page-5952

  1. 389 Posts.
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    @camban New holder here.
    IMO, the decline in $VUL is similar to other EV-related stocks I follow.
    Five legitimate headwinds:

    1. Macro (irrelevant to long-term holders, aside from picking the lowest entry price)
    2. Simple gap fill, which is healthy. (below)
    3. Like many highly-prized equities, like $SYA for example, instos are shorting the hell out of it to get better entries.
    4. Undercurrents of DLE viability nonsense. (Rapidly subsiding, example: Lilac Solutions further expansion into S. America, GS note about DLE last week)
    5. Typical Orphan period behavior (below)

    Though underwater in other holdings, I feel lucky to be establishing a position here.
    Cheers


    https://hotcopper.com.au/data/attachments/5279/5279184-38408f3e59629aef9346f5ac519e26f0.jpg
    https://hotcopper.com.au/data/attachments/5279/5279191-0feae2854d37b2e1f7be24a02491d520.jpg
 
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