GLL 0.00% 1.4¢ galilee energy limited

Ann: Galilee Strengthens Balance Sheet, page-7

  1. 1,882 Posts.
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    You can bet most will be confused with the events currently at play-positive updates on pilot production, options activity and now the Cannacord intention to enter the register via purchase of any remaining options. Can't see how any of the above is a bad thing. Balance that against a falling SP (even further today) doesn't seem to make any sense. Without doubt the SP has been manipulated, clearly evidenced by details of daily trades and robot activity.
    What I find interesting given the Cannacord announcement is the timing of it, albiet options deadline is 5 December. This is occurring at a time, when contrary to normal practice, effectively no updates released on production tests since 24 October partly due to pump issues -seemingly not an issue for Cannacord. Also no updates on top 10 SH since 1 October whereby normal practice has been monthly updates.
    Just trying to join the dots with limited information available.
 
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