Board and JP have left themselves exposed to the manipulators in the markets by accumulating liabilities (construction) without finance.
As a result the market is now treating Galan as though HMW is a distressed asset - that JP will keep diluting to oblivion.
Its too ridiculously low to sell now. Even a shambolic fire sale would net multiples of our share price.
Ann: Galan Investor Webinar, page-129
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $68.54M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $197.6K | 1.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 92994 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 269000 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |