GLN 0.00% 11.5¢ galan lithium limited

$550M is about right for an opportunistic bid. That'll be about...

  1. 966 Posts.
    lightbulb Created with Sketch. 373
    $550M is about right for an opportunistic bid. That'll be about $1.65 correct?

    I reckon in the current environment most shareholders would probably roll over for that, with maybe a Greenbushes spinout. Management don't have enough for a blocking stake, and many of the longer term retail shareholders have left with DFS delays, so we are in danger.

    I'd be bitterly disappointed given we had so much more potential if the management team had been more competent and less greedy, but in the current environment, its a return on investment.

 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $58.26M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 857 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 26000 1
View Market Depth
Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.