“at $300M it was already a long shot that anyone could own this, at $120M it’s nigh on impossible”.
Trying to understand this comment.
Do you mean an institution investor buying up to say 5% of Galan ?
If so, why would they buy in at $120m MC ? In fact I’m surprised you haven’t. Risk v return suggests it’s an excellent proposition imo.
Ann: $19.5m Raising to Fund Ongoing Development of HMW Phase 1, page-88
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.89M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $80.30K | 554.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 114339 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 271348 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |