Very true - price does not always reflect the value, the difference is becoming too obvious for GLN.
The market is not always efficient for many reasons- for Galan it's probably due to not being "popular" as it is a relatively unknown stock in the lithium space.
However this market inefficiency provides us with great opportunity to make supersized returns. It allows us to take advantage of market volatility in the short term, so that we are greatly rewarded in the long term.
Over time, the market will eventually price us right, which reflects the true intrinsic value. Who's panic selling at these depressed prices? I know that I'm not.
We all know what Galan has , and it's potential and when it's on sale like this, it presents us with opportunity.
- Forums
- ASX - By Stock
- General Discussion Banter GLN
Very true - price does not always reflect the value, the...
-
- There are more pages in this discussion • 7,870 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GLN (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $77.01M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $43.78K | 268.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1642343 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 429825 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 1642343 | 0.160 |
11 | 1897330 | 0.155 |
22 | 977941 | 0.150 |
5 | 442700 | 0.145 |
11 | 514700 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 443855 | 12 |
0.170 | 413093 | 9 |
0.175 | 318880 | 7 |
0.180 | 330684 | 7 |
0.185 | 130000 | 2 |
Last trade - 12.57pm 11/07/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |