GLN 3.70% 13.0¢ galan lithium limited

Buy side has been building nicely all morning, but unfortunately...

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  1. 805 Posts.
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    Buy side has been building nicely all morning, but unfortunately no-one seems to want to pay more than 12.5cents.

    It's ok to look at huge potential underlying resource size, multiply by possible future price and calculate some astronomical intrinsic value.

    Unfortunately, if you don't appear to have the wherewithal to fund it and to bring product to market, before going belly up, the market imposes a huge discount.

    Like many here, I would love an announcement stating we've fixed our funding / cashflow issues, and it's full steam ahead to have product ready for the next upturn in the lithium cycle. Of course the share price would take off. It's why many of us are still hanging around.


 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $77.48M
Open High Low Value Volume
12.5¢ 13.0¢ 12.0¢ $1.251M 9.899M

Buyers (Bids)

No. Vol. Price($)
16 5023869 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 193698 2
View Market Depth
Last trade - 16.10pm 17/10/2024 (20 minute delay) ?
GLN (ASX) Chart
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