Well I added at $2.40 ... cost avg now $3.68 ... so a 50% increase in SP merely gets me to roughly even (so baggers can say I'm hopeless at analyzing stock fundamentals)
Going back to the prior peer comparison post ... the really big change has occurred with LAC whose LCE/t MCap multiple is now at US$80.75 (with VUL at US$22.58 and SLI saw an increase to $131.43). Cannot justify SLI at 6X the multiple of VUL (but that's IMO simply because SLI has not done enough work to convert more of their asset to M&I wheras VUL has).
Financing of LEOP is the key piece. Who will be our partner. Will the debt package be as expected and will the dilution at the TopCo level be within the target stated by Francis.
Bold call below Stevie (I'm being nice) ... could it happen ... YES (financing falls apart & no partner). Will it happen as stated ... unlikely IMO.
You're still short and shorting more - right? Good coin to be made if you're right and followed your sentiment.
VUL megathread, page-6476
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Last
$4.44 |
Change
-0.030(0.67%) |
Mkt cap ! $835.5M | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.65 | $4.41 | $1.422M | 314.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173 | $4.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.47 | 956 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |