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1.61%

31.5¢ galan lithium limited

I'm watching from the side lines, waiting on the outcome of the...

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Fatshark

492 Posts.

239

31/01/24

12:58

Post #: 72158392
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Originally posted by surfdown ↑

This is a wild bet on the Glencore debt coming through by JP.

This raise won't get GLN through the quarter. If Glencore falls through, GLN won't be able to raise again on realistic terms and will have to halt construction is my bet. Textbook how NOT to fund a project.

This is a huge gamble for buyers at these levels with no upside in share price for either outcome really.

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I'm watching from the side lines, waiting on the outcome of the Glencore deal.
Worth a punt if it materializes, otherwise a huge risk here.

GLN Price at posting: 45.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 31.5¢		Change 0.005(1.61%)		Mkt cap ! $130.1M

Open	High	Low	Value	Volume
31.0¢	32.5¢	31.0¢	$610.9K	1.938M

Buyers (Bids)

No.	Vol.	Price($)
4	137933	31.5¢

Sellers (Offers)

Price($)	Vol.	No.
32.5¢	110000	3

View Market Depth

No.	Vol.	Price($)
4	137933	0.315
4	252580	0.310
10	107098	0.305
15	266443	0.300
2	4647	0.295

Price($)	Vol.	No.
0.325	110000	3
0.330	216223	10
0.335	55000	2
0.340	30000	2
0.345	45000	2

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last 31.5¢			Change 0.005 ( 1.03 %)
Open	High		Low	Volume
31.5¢	32.5¢		31.0¢	578012
Last updated 15.58pm 29/04/2024 ?

GLN (ASX) Chart