GLN 5.56% 17.0¢ galan lithium limited

Ann: Suspension from Quotation, page-47

  1. 277 Posts.
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    I think #3 casts #2 in a particular context. You know market is going to react negatively to the shit ATM news, but then you also get word from gov that permits are ready to go (or just about). To preserve SP, call the halt on the reasonable grounds that the permitting news is coming. Saves the sell-off from ATM. But gov not quite finalised, realise you jumped the gun a bit, push out 2 days.

    Re. #1., You've been one to note in the past how shit GLN can be in speaking clearly. I'm not going to interrogate the use of the word update here.

    In short, what I'm saying is I don't think we should (including myself in what I've done in this post) speculate too heavily on a 2 day extension.
 
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