Agree, there is a place for survival-type of investing, but its not here. This is a risk-on investment space for E&P upside. GAL is well funded so it will see though the inflection point of interest rates, probably 1Q 24, hence will not have to dilute via a raise, which is the key risk in the intervening period, not a share price that flucuates with sentiment (over months).
Ann: Follow Up Drill Program Commences at Priority Targets, page-52
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $40.51M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $73.87K | 383.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45959 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 64510 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GAL (ASX) Chart |