IMO, from now on, less volitivity in the GAL share price, just a...

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24/06/22

19:25

Post #: 62195666
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Originally posted by MarkyBoy49: ↑

Hi Dini,

This is just plain vanilla "corporate governance" or in laymans terms good company housekeeping by GAL. It is always a very good sign.

Given the potential size and importance of GAL's Callisto discovery, by making this announcement, GAL is simply ensuring that everybody who works for GAL, or who is affiliated with GAL in any way (and who is thus potentially privvy to share price sensitive information i.e. visible mineralisation, assay results, geophysical information, M&A's etc.) is aware of the very strict and very clear insider trading rules and regulations (insider trading is a criminal offence).

By making this announcement, GAL is also letting the market know that they are committed to running a very tight ship (which is fairly uncommon with junior Aussie explorers).

Given the extremely high amount of share price sensitive information that is likely to flow over the remainder of this year, and quite possibly for many years to come, GAL is simply making sure that everyone has an equal chance in participating in GAL's success (which is also fairly uncommon with junior Aussie explorers).

Wishing you good fortune, good health and a good weekend.

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IMO, from now on, less volitivity in the GAL share price, just a nice steady climb to an unknown peak.

Trading that came unstuck: Australia’s insider trading cases (copyright link)

GAL Price at posting: $1.31 Sentiment: Buy Disclosure: Held
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