Trans comment re low price takeover offer should not be taken lightly.The trading in recent times of galan shares reminds me
of what happened to Avanco Resources.They were taken over for a song with the Directors all accepting the low ball offer after not informing
shareholders that talks had taken place with ozl quite some time before the offer.A shareholder group with large numbers thought they may have a
chance of stopping it but as it turned out all the institutions had already committed their shares to the offer some time ago.
I will not list all the events here re the avb takeover as it would take far to long.However i would strongly suggest that Gln holders
enter AVB into hotcoppers search box and spend some time reading about this. There were a number of merchant banks and stock brokers involved
and i would hate for the same thing to happen here.I am not saying it will but it doesnt hurt to be vigilant.In my opinion Galans price should be substantially higher and the amount of broker cross trades to control the price has me concerned.
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3330 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 325000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3330 | 0.300 |
2 | 27575 | 0.290 |
4 | 145550 | 0.285 |
3 | 127974 | 0.280 |
5 | 33908 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 325000 | 2 |
0.235 | 319071 | 2 |
0.240 | 54050 | 3 |
0.245 | 306986 | 2 |
0.250 | 163000 | 4 |
Last trade - 16.12pm 17/05/2024 (20 minute delay) ? |
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