GLN galan lithium limited

3.09%

9.4¢

Ann: Change of Director's Interest Notice, page-13

First 13 Last

Share
Profile

Follow
Launched

2,563 Posts.

2700

31/05/25

10:29

Post #: 79261557
Share

Originally posted by Launched: ↑

I'll be honest, I've seen this set up countless times going into SPPs.

Sp gets pushed lower. Holders bitch, moan and joke about buying into an SPP that's higher than current sp.

Days later a boomer Ann comes in and sp blasts past SPP price.

Have to say sp dump before SPP usually results in a hard pump into SPP, probably 4 out 5 times.

Half of those come off the back of a boomer Ann. The other half are just shameless pumps off the back of no new news...

I am a gambling man so I liked the odds and bought in around here.

Can't say I'm over enthusiastic about this Ann as it seems to have lowered my odds on that set up.

Pump into SPP is still a very realistic possibility and reason I'm willing to stick around is the trading patterns on the lithium majors of late. Certainly looks as though a bigger move is close.

SQM is thinly traded but instos have bought the dip in past few sessions.

ALB on the other hand has been a hive of activity of late with plenty of decent hits since the #10 (10th largest trade of all time).

Perhaps they are loading for a new leg lower and perhaps GLN is dumb enough to let the sp stay below SPP price into closing date.

If that's the case then I'll keep some lube handy.

Interesting times ahead...
.

Expand

Update from the overnight session.

ALB got hit with some size on close. 4th biggest trade of all time $265M, which made up a $399M cluster...

Seeing as it had a decent sell off and instos hit it on the lows it presents as long positioning.

However, trend is down and this consolidation does look like a bear flag so there's definitely a chance price breaks lower so DYOR.
.
9 Upvote

0 Great analysis

Reply

Top Stories

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Zip's stunning comeback: Is this the start of a $14 revival?

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

First 13 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 9.4¢		Change -0.003(3.09%)		Mkt cap ! $89.76M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.3¢	$291.5K	3.093M

Buyers (Bids)

No.	Vol.	Price($)
1	176000	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	28947	1

View Market Depth

No.	Vol.	Price($)
1	176000	0.094
3	615172	0.093
2	32000	0.092
2	175914	0.091
3	49865	0.090

Price($)	Vol.	No.
0.095	28947	1
0.096	85460	2
0.097	202076	3
0.098	5050	1
0.099	1000	1

Last trade - 15.42pm 13/06/2025 (20 minute delay)

GLN (ASX) Chart

Ann: Change of Director's Interest Notice, page-13

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Zip's stunning comeback: Is this the start of a $14 revival?

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Iberian expansion: Megado turns to Europe with Spanish copper mines

Clinuvel shares dip, even as CEO comes back from temp leave

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Change of Director's Interest Notice, page-13

Top Stories

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Zip's stunning comeback: Is this the start of a $14 revival?

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Iberian expansion: Megado turns to Europe with Spanish copper mines

Clinuvel shares dip, even as CEO comes back from temp leave

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News