GAL 5.71% 18.5¢ galileo mining ltd

Ann: Fraser Range Exploration Update, page-69

  1. 376 Posts.
    lightbulb Created with Sketch. 104
    Hi Bucket82,

    The percentage of price movement [as I'm sure you are aware] relative to LEG and GAL will depend on more than just the number of shares issued. However, I disagree with your thinking. Let's assume LEG and GAL discover a resource of equal magnitude and GAL has 25% of the number of shares issued by LEG I would have thought the answer would be obvious. I have holdings in both LEG and GAL so I guess I will find out soon enough!
 
watchlist Created with Sketch. Add GAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.