GLN 9.09% 12.0¢ galan lithium limited

I hope this holds the 11 cent level, or even 10 cents, otherwise...

  1. 5,219 Posts.
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    I hope this holds the 11 cent level, or even 10 cents, otherwise the retail cap raise could be a disaster.

    If you read the fine print though, it says in the event of a retail capital raising failure, the company itself reserves the right to take up the shortfall, so they'll buy their own shares if necessary, but what with, maybe the prepayment off-take money from Chemsys !!!

    Oh my goodness, what a potential problematic situation that might become.

    Gw
 
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