Perhaps strategically pushing back production may not be such a bad idea, and wait for those lithium prices improve, as GLN then would be able to raise at better prices in a more positive situation, instead of having to double the SOI or more. In a better market this could go back up to 60, 70 or 80c, raising at those kind of levels would be a lot better than having to raise at 15c. It might be better for the shareholders that have been here for a while.
Ann: Notice of General Meeting & Letter to Shareholders, page-87
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $78.23M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $238.9K | 1.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 302790 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 189198 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |