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23.0¢ galan lithium limited

Thanks for sharing. From GLN Security Trading Policy, does that...

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Lorry2022

128 Posts.

6

13/12/23

16:20

Post #: 71430501
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Originally posted by mondyinvest: ↑

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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Thanks for sharing.

From GLN Security Trading Policy, does that mean the closed periods are 5 business days even if CR is a price sensitive information?

GLN Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.0¢		Change 0.010(4.55%)		Mkt cap ! $94.66M

Open	High	Low	Value	Volume
21.5¢	23.0¢	21.3¢	$984.5K	4.511M

Buyers (Bids)

No.	Vol.	Price($)
14	177170	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	517868	11

View Market Depth

No.	Vol.	Price($)
13	177168	0.225
14	360705	0.220
18	344332	0.215
32	1441089	0.210
17	613159	0.205

Price($)	Vol.	No.
0.230	517992	11
0.235	400630	7
0.240	339419	9
0.245	268676	7
0.250	132540	6

Last trade - 14.53pm 24/05/2024 (20 minute delay)


Last 22.5¢			Change 0.010 ( 1.21 %)
Open	High		Low	Volume
22.0¢	23.0¢		21.0¢	1919416
Last updated 15.09pm 24/05/2024 ?

GLN (ASX) Chart