No, that's confused me even more, RE. I had a quick look at the Galan's Security Trading Policy (here: https://galanlithium.com.au/wp-content/uploads/2023/02/GLN-Security-Trading-Policy.pdf) and that confirms that they can't currently be in possession of price sensitive information. But the policy itself is fairly light on, they could theoretically still organise and announce a capital raise on Thursday or Friday and they wouldn't be in breach of the policy. The fact that they traded yesterday and had the notices out by 9:30am today (the policy gives them 3 business days) tells me they wanted to send a message of support to shareholders pronto. I do wonder if a T20 holder has decided to sell down for whatever reason and that's caused the flush - and this is management's response. Anyway, I find the whole thing as confusing as the next person, especially given Terry's comments in that recent interview where he flagged the whole 'interim funding' bit. Very bizarre!
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