GLN 1.61% 31.5¢ galan lithium limited

I am truly lucky that i didnt buy at 52 support. the word...

  1. 4,277 Posts.
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    I am truly lucky that i didnt buy at 52 support.
    the word offtakes and funding nowadays have so many conditions that are not transparent to us.

    I find most concerning from this statement when thrn mention alternative funding solutions. If glencore drag on for another 3 to 6 months, they can technically buy GLN at much cheaper price. Many instos got trap at 46c. Will be interesting to see when new shares available for trading tomorrow.
    "
    The equity raising enhances Galan’s balance sheet by providing additional working capital and financial flexibility during Hombre Muerto West (HMW) Phase 1 construction and provides sufficient working capital headroom whilst Galan finalizes negotiations of alternative funding solutions including debt and prepayment facilities that will enable completion of HMW Phase 1."

 
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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
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
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