GLN 3.03% 17.0¢ galan lithium limited

Hi 8horse, you seem to be very keen or think strongly that GLN...

  1. 214 Posts.
    lightbulb Created with Sketch. 41
    Hi 8horse, you seem to be very keen or think strongly that GLN will be taken over.

    do you mind me asking why? And would you actually prefer a take over or prefer to see us through to production after a CR?

    I don’t really know which I would prefer if I am being honest. I do feel if we are taken over it will be for a price that none of us would be overly happy with given the potential of GLN but on the other hand there are several lithium juniors who never quite make it due to a lack of funding.

    I know the saying goes “a bird in the hand is worth 2 in the bush” but couldn’t it be a life changing senario for all holders if we kept growing as a company to maybe one day sitting at the big table with likes of GXY, LAC etc.

    Lastly, if a take over is expected, can you see it being a cash deal for all of HM or more of a strategic partnership whereby we are bought out and given cash plus shares in the new buyer?
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.