GLN 8.00% 11.5¢ galan lithium limited

Ann: Offtake Prepayment MOU, page-112

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2 Posts.
    lightbulb Created with Sketch. 1
    Should this MOU result in funding before raising further capital to keep the company afloat in the short term - what sort of Marketcap/share price do people expect this to jump to?

    One can only assume upon such news JP will take advantage of a higher share price to raise the remaining capital to execute stage 1 (around the 30mil mark) causing further dilution. I feel this has been hyped up for when/if funding gets approved but I imagine we will still require sentiment across the sector to improve for confirmation of funding to affect the share price as much as some posters on this page expect.
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.010(8.00%)
Mkt cap ! $68.54M
Open High Low Value Volume
12.0¢ 12.0¢ 11.0¢ $197.6K 1.702M

Buyers (Bids)

No. Vol. Price($)
3 92994 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 269000 4
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.