GLN 2.70% 18.0¢ galan lithium limited

Ann: Galan Secures Glencore Agreement For Offtake & Financing, page-307

  1. 401 Posts.
    lightbulb Created with Sketch. 278
    The share price is where it is today because of the Li price momentum. Simples

    Big end of town getting positioned for the rebound with everything 80% off peak. Do you honestly believe the cr@p about there being too much supply over anything but the very short term. China still showing CAGR 35%+, so many new EV producers entering market, not enough MT mine capacity coming on-stream and the recent capital flight from the sector only delays what is most prospective. Follow the momentum all you like with smart-ar@se share price predictions, but the real money will be made on the long trade now, not the short one. You'll just miss the turning point like every other lame trader following momentum, with no real insight on value.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $85.31M
Open High Low Value Volume
18.5¢ 19.0¢ 18.0¢ $540.1K 2.971M

Buyers (Bids)

No. Vol. Price($)
7 203462 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 374948 10
View Market Depth
Last trade - 16.10pm 18/06/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.