GLN 0.00% 16.0¢ galan lithium limited

General Discussion Banter GLN, page-10169

  1. 5,298 Posts.
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    I don't really get the point of the "bulls vs bears" posts, as though some have nefarious intent. There's some realistic discussion to be had as to why Galan continues to underperform. In fact, I found the replies to my "what are we missing?" post of 1st December (https://hotcopper.com.au/posts/65106467/single) to be some of the most useful discussion in recent times (SP was $1.45 then too). I really don't think GLN HotCopper posts move the market, even in a retail-heavy space like lithium. Part evidence of that is the number of likes and lightbulbs all these posts about how desperately undervalued Galan is (some of them with SP targets above $5-15 etc), yet it stays stuck in a LT downtrend.

    Today it's holding up well... yes, brilliant. But it's down almost 30% in the past year, generally worse than all others I follow (except for INR, -40% and VUL, -44%). On a YTD basis it's down almost 38%. It might not win us popularity contests, but I personally found it very useful objectively discussing with fellow holders why that might be the case. Cheers
 
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