Anyone suggesting this isn't a screaming M&A target, clearly is the one with an ulteria motive. The company earned around 2.5 million euro last quarter from Geothermal heat sale alone.If this isn't screaming a cash cow, with partners with deep pockets like Stellantis, i don't know what is. It has been a long time i've held a stock where we should genuinely be worried about a lowball T/O.
Best way to ward off a T/O is a JV at the project level (50% etc) which should see a healthy increase in Market Cap/SP. Next 6 months is critical, I think.
VUL megathread, page-6770
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Last
$3.81 |
Change
-0.100(2.56%) |
Mkt cap ! $716.9M | |||
| Open | High | Low | Value | Volume |
| $3.98 | $4.00 | $3.81 | $1.093M | 281.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 436 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 2000 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |