GLN 0.00% 13.0¢ galan lithium limited

General Discussion Banter GLN, page-1813

  1. vmp
    13,543 Posts.
    lightbulb Created with Sketch. 9323
    “if hole 2 is similarish to hole 1 then I expect the market will start to price in the massive JORC and that imo means we become a bargain under $2 imo Thoughts ???”

    Spot on RJ. And people won’t likely sell until that target is reached.
    Since 7 feb, there’s only 6m shares traded, and likely some of those who sold bought back- I know I did, I sold 1/3 of total holding at 35c and bought back in missus account at 41c lol. If 1/2 of the 6m or 3m are net sells, that’s just 10% of estimated free floating shares, or 3% of SOI. That’s how tight the register is. All eyes on the big prize here. A million or bust sort of holders. So good luck buying cheap unless hole no. 2 is a duster.

    Cheers
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.