-Your reading way too much into this -The CFO position was made redundant and Mathew Allen’s role reverts to Non executive director. He is not required as CFO as the company is waiting out lithium price recovery like all the others are. As NED, he can be available to be engaged by other companies in other capacities. The fact that he is staying on as NED tells me he remains valuable to GL1.
He continues on with the company so I doubt any redundancy payment- This is all part of the cost cutting which is a good thing.
Read the Gl1 announcement 27/11
and stop trying to spread rumours and misinformation..
ASL announced - Matthew Allen would join as Chief Financial Officer, effective 9 December 2024, page-2
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Last
20.5¢ |
Change
0.010(5.13%) |
Mkt cap ! $53.65M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $10.51K | 52.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 33425 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 48453 | 2 |
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| Last trade - 12.53pm 21/07/2025 (20 minute delay) ? |
| GL1 (ASX) Chart |