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26.1%

14.5¢ galan lithium limited

Ann: At The Market Raise, page-35

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userxyz

3,205 Posts.

883

02/09/24

14:53

Post #: 75489827
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Originally posted by mondyinvest: ↑

"My calculations show 33.5m shares at 16.9c but hey, don't let the facts get in the way of a good down-ramp."

Here's the facts for you:

12 April: issued 15,000,000 shares at nil consideration as collateral (you have forgotten to count these)
14 May: raised $2.2M by offsetting 7,950,000 shares of the collateral held
15 July: raised $1.1M by issuing 7,050,000 shares, and topped up the facility by reissuing another 7,950,000 to replace those offset on 14 May
2 August: raised $0.65M by issuing 4,750,000 shares
15 August: raised $1.1M by issuing 9,000,000 shares
30 August: raised $0.6M by offsetting 4,800,000 shares of the collateral held

Add up the bits in bold: 43,750,000 shares issued, gross proceeds of $5.7M = share price of $0.13.

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Haha excellent. Well done.
GLN Price at posting: 13.0¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 14.5¢		Change 0.030(26.1%)		Mkt cap ! $86.42M

Open	High	Low	Value	Volume
12.0¢	15.5¢	12.0¢	$1.425M	10.45M

Buyers (Bids)

No.	Vol.	Price($)
9	370505	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	276854	4

View Market Depth

No.	Vol.	Price($)
8	270505	0.140
6	173185	0.135
6	237898	0.130
6	313271	0.125
9	853805	0.120

Price($)	Vol.	No.
0.145	276854	4
0.150	148579	7
0.155	672746	5
0.160	275541	5
0.165	225000	2

Last trade - 16.10pm 07/10/2024 (20 minute delay)

GLN (ASX) Chart