GLL 13.0% 2.6¢ galilee energy limited

Ann: Exercise of Unlisted Performance Rights, page-4

  1. 128 Posts.
    lightbulb Created with Sketch. 61
    Now market cap < $10 million.
    Getting silly.
    Icon Energy (ICN) which may not even have any assets is worth $5 million.
    Feel sorry for any shareholders still left.
    Time for management to take a salary cut and admit they have failed? Bring in someone new? Try and sell something? Pull back on operations, costs and hibernate in hope that market changes significantly?
 
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