“I will go as far to say that while JP is the CEO of this company, there is no attractive entry point”.
Wrong Resource Pidgeon. If Galan were to land funding for stage 1, the CR depressed share price and market cap should pump quickly to, I would estimate based on gut, around 60-70 cents. That would make any price between then a good entry point.
However, if we do another CR, then it’s prob less than the current sp, even with the project already valued at cents on the dollar.
Attractive entry point?, page-3
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $113.5K | 678.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 529613 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 207842 | 7 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |