I think circa 50c looks like next support.That will be a market cap of $175M, less our cash say $140M AUD EV. As Mondy pointed out, that buys you three 100% owned projects.
Tecpetrol is offering $330M AUD to buy Alpha. If you read their statement, they are not interested in Tolillar's brine - too low grade - their target is HMW early stage exploration ground adjacent to Galan's tenements.
But I know fundamentals and any sort of common sense are lost in this market.
We are probably still being sold off because everyone had their chips on Greenbushes
I think circa 50c looks like next support.That will be a market...
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $420.7K | 2.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 334361 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 259700 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |