GLN 4.76% 10.0¢ galan lithium limited

What do you do if you are Livent or Ganfeng or others...and you...

  1. ESC
    620 Posts.
    lightbulb Created with Sketch. 241
    What do you do if you are Livent or Ganfeng or others...and you are sitting there watching this taking off, changing gears, you know its only going to cost more in the future as it de-risks further. You know there is limited number of shares on offer freely available to trade in the market place... I am surprised Ganfeng didn't participate in the Cap raise at 50c. Where they not geared/cashed up, not of the belief it would go up in value, not interested in developing us and just parking their money in hope of a speculative increase?

    Or is it they know the deal $number is still in the multiples of where we are today and the only way to acquire is to get the large inside holders over the line is deal off market?

    Either way there must be some fast conversations going on in the back ground! Feeling a bit like the pass the parcel today - I am sure we will take a breather - but an enjoyable day to sit back ponder the above!
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $63.38M
Open High Low Value Volume
10.5¢ 11.0¢ 10.0¢ $199.0K 1.905M

Buyers (Bids)

No. Vol. Price($)
50 3433487 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 112749 1
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.