GLN 16.7% 12.5¢ galan lithium limited

General Discussion Banter GLN, page-14238

  1. 435 Posts.
    lightbulb Created with Sketch. 20
    I don’t have a crystal ball but I look at that first pond, I guess (with no insight) the lithium price has to recover somewhat and I think this company has a good medium term future.

    Have management made mistakes? Possibly but they can’t predict the markets (lithium and financing) any better than anyone else. Have they manipulated this situation. to get themselves cheap shares? I don’t think so but the (out of their control) market factors have led them to this situation and they see it as an opportunity to grab some (more) cheap shares, I’d probably do the same myself.

    We can all piss and moan about it, but the options are simple:

    1) See it as an opportunity yourself and increase holding
    2) Sit tight whilst pissing and moaning on here and Twitter
    3) Cut your losses and bail

    Me? I’m going numero uno, but I’m an optimist and a gambler so don’t follow me
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.025(16.7%)
Mkt cap ! $61.71M
Open High Low Value Volume
12.5¢ 12.5¢ 11.5¢ $810.3K 6.630M

Buyers (Bids)

No. Vol. Price($)
8 618141 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 38235 2
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.