Ann: Trading Halt, page-56

For someone who thinks I’m critical, you’re being pretty harsh here.

More broadly: too many conspiracies on this thread about shorters, greedy brokers, etc. JP hasn’t leaked anything. Nobody is forcing Galan to raise at this precise moment. Galan have done it now because they have seen a 20% bounce, and the market KNOWS they need to raise. Most ASX resource DFS’ of the last 12-18 months have not resulted in the magical re-rate that HotCopper threads so desperately hope for, whether it be across copper, lithium, cobalt, uranium, magnetite, you name it - I follow most of these sectors.

When the stage 1 DFS comes out, you may have a better realisation why Galan chose to halt at $1.20 and raise more funds.

And - finally - can we put to bed this “Daniel knows something, he bought more at $1.20+”. Directors have inside knowledge, yes, but they usually can’t time the market any better than the rest of us. This raise at this price absolutely proves that true. I’ve seen it a hundred times.

Cheers