GLN galan lithium limited
Add to My Watchlist 3.09% ! 9.4¢

Takeover offer was only 2.4x current market cap (236m AUD), so...

  1. csadeev
    601 Posts.
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    16/04/25
    14:57
    Post #: 78714893
    Takeover offer was only 2.4x current market cap (236m AUD), so it makes perfect sense they tried to hide the offers as much as possible keeping the share price depressed then raised money on or close to all time lows (10c/11c). Diluting the share base to the oblivion is something that most equity investors actually demands over a full cash offer (not). Share price dipping under the SPP price is a clear message to the management, so well done boys.
    GLN Price at posting: 10.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
9.4¢ 		Change
-0.003(3.09%) 		Mkt cap ! $89.76M
Open High Low Value Volume
9.7¢ 9.7¢ 9.3¢ $291.5K 3.093M

Buyers (Bids)

No. Vol. Price($)
1 176000 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 28947 1
View Market Depth
Last trade - 15.42pm 13/06/2025 (20 minute delay) ?
GLN (ASX) Chart
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