GL1 11.3% 23.5¢ global lithium resources limited

Average deal? Are you crazyIt was only 10.8% discount to the...

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  1. 1,128 Posts.
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    Average deal? Are you crazy

    It was only 10.8% discount to the 15-day VWAP

    A $13.6 million placement via the issue of 10,100,000 New Shares to new cornerstone shareholder Mineral Resources (a $9B company)

    A $4.3 million placement via the issue of 3,212,145 New Shares to Suzhou TA& A Ultra Clean Technology, the controlling shareholder of Yibin Tianyi Lithium Industry Co Ltd, to maintain their shareholding at 9.9% (they wanted to maintain their 9.9%)

    A $0.7 million placement via the issue of 481,482 New Shares to all Directors of Global Lithium (Directors skin in the game)

    And the remaining went to institutional and sophisticated investors.

    May i remind you that just 2 weeks ago (28th of Feb), GL1 share price dipped to $1.38 during the panic selling

    We're onto a gem, GL1 primed for success
 
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Last
23.5¢
Change
-0.030(11.3%)
Mkt cap ! $61.23M
Open High Low Value Volume
26.5¢ 27.0¢ 23.5¢ $140.5K 571.6K

Buyers (Bids)

No. Vol. Price($)
5 87336 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 22483 3
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Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
GL1 (ASX) Chart
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