GLN 8.00% 11.5¢ galan lithium limited

Ann: Suspension from Quotation, page-88

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  1. 992 Posts.
    lightbulb Created with Sketch. 381
    Increasing order of bad news and price target:
    1. Export permit rejected (bad) - 35c
    2. Stage 2 permit impeded (worse) - 32c
    3. Stage 2 permit impeded + injunction on Stage 1 (worst) - 25c

    However with ATM facility in place and a reckless board and bullheaded CEO, that 25c could be diluted down to 1c in a matter of months!

 
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