I haven't kept track but Galan has now likely spent more money on HMW (drilling, feasibility, construction) than current market cap. If JP has painted himself into a corner and we become a sitting duck for takeover, then I can't see us rolling over for less than comparable projects in the area. Which is still 3x our market cap, at least.
There is no reason to be panic selling, even on the worst of news.
I haven't kept track but Galan has now likely spent more money...
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $566.8K | 3.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 983448 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 166825 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |