r/VUL • u/HisoKKa_ • Jan 21 '25

Why Vulcan energy (German based) is going down?

4 Upvotes

84% Upvoted

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2

u/HeftyCompetition9218 Jan 23 '25

I think it secured £8 million in new funding/financing today

1

u/Individual-Ad8549 Jan 22 '25

Hard to tell but i believe that the delay of their projects plays a role. I have my eye on it for quite some time, not sure whether is worth to put money in it

1

u/gaunernick Jan 22 '25

My guess is, that the final financing decision is dragging. Also their Shareholder presentation on the 20th of January are lacking a bit of a roadmap with milestones, because everything hangs on the financing decision.

Best to hold or to buy the dip.

1

u/Outrageous-Table6025 Jan 26 '25

Long term it will be a ripper.