Hi IBBY,
Don't forget that Vulcan will now revert to 100% ownership by TAS as RIO/RTX have now given up their possible 55% interest in Vulcan. Therefore it is more a matter of whether investors believe that Vulcan is a dud or not. IMHO it is still far too early to tell whether Vulcan is the next OD or not. The potential is there, however, it will probably take the rest of the year to ascertain this.
Where the SP ends up on Monday is anyone's guess and will depend very much on what plans TAS have to continue drilling. Hopefully we will be much wiser om Monday. If TAS announce that they have no drilling plans and will commence looking for a JV partner the SP will definitely slip. However, IMHO 1.4 cents is extremely unlikely.
Good luck on Monday to all shareholders!
Hi IBBY,Don't forget that Vulcan will now revert to 100%...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4785706 | 4 |
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| Last trade - 16.12pm 18/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
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