VUL 12.7% $5.85 vulcan energy resources limited

In my opinion only and im not an expert on this matter.. Usually...

  1. 2,635 Posts.
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    In my opinion only and im not an expert on this matter..
    Usually you got to worry about big drops if it associated with large volumes. The volumes traded today is below average and usual sideway pattern.
    One important thing is that one can reasonably assumes that things are going as expected from vulcan front if you can reason with the recent buying by the Director J Bush..
    So assuming its a very positive sign all we got to do is wait till lithium price correction which is on the card and current low prices and sentiment is creating s perfect storm.
    I personally dont want lithium to recover till the second half of the year as vulcan SP will be properly appreciated if the lithium bull market happens later this year as by then vul should be sitting on a very strong position if they manage upcoming milestones as we expect as per the timeline.
    Last edited by sura7667: 12/02/24
 
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Last
$5.85
Change
0.660(12.7%)
Mkt cap ! $1.100B
Open High Low Value Volume
$5.44 $6.06 $5.25 $6.470M 1.148M

Buyers (Bids)

No. Vol. Price($)
1 86 $5.83
 

Sellers (Offers)

Price($) Vol. No.
$5.89 3941 3
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Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
VUL (ASX) Chart
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