All the doomers and gloomers, its going private, its going broke. Management is terrible etc al brigade is out in full swing. Fact is the macro economics of Lithium price is what is setting the GLN share price. It was a low ball offer that was not taken seriously. AFR spews crap everyday and jounalistic integrity is in the gutter.
Fact is this share price will stay stagnant until there is a rebound in lithium prices, which will in my estimate come around later next year, when there is an uptick in EV sales and the US elections are over. But just remember its a penny stock, not blue chip. If you cant handle the swings best to sell.
Cheers
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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($) | Vol. | No. |
---|---|---|
12.5¢ | 38235 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 618141 | 0.120 |
16 | 769545 | 0.115 |
12 | 495580 | 0.110 |
6 | 717833 | 0.105 |
14 | 689290 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 38235 | 2 |
0.130 | 131250 | 3 |
0.135 | 147700 | 5 |
0.140 | 403415 | 5 |
0.150 | 50000 | 1 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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GLN (ASX) Chart |