Its a strange market.
Firstly, GLN misses out on the DLE boom because it ain't DLE.
Goldman reports supply surplus, Galan gets smashed. Because lithium.
Goldman is wrong. Galan gets smashed. Because dunno.
Goldman reports supply surplus again, Galan gets smashed. Because lithium.
Lake and DLE gets smashed, so Galan gets smashed. Because its brine, sorta like DLE right?
Core Lithium misses guidance, so Galan gets smashed. Because liquid "spod"
We never seem to get the bounce every other lithium company does.
So here we are trading at 4% of Liontown's valuation - and only really 12 months behind.
That's right Albemarle could keep their powder dry and buy 25 Galans for the same price as Liontown.
Its a strange market.Firstly, GLN misses out on the DLE boom...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $67.18M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $235.7K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 560643 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 38984 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |