GLN 0.00% 22.5¢ galan lithium limited

Agree, peer comparison is one of the greatest tools to pick up a...

  1. 34,309 Posts.
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    Agree, peer comparison is one of the greatest tools to pick up a stock.
    Comparing GLN with other ASX brine peers, LKE, ASN, AGY etc, valuation gap is obviously there.
    The other stock is a hard rock in Africa, similar to LTR, but different location and ownership, at attributable resource and planned production capacity, valuation gap is also massive, about 70% discount based on my calculation at today's price level. Most don't like to invest in African projects, that's the main risk/factor, but once cash flow starts to flow, it will be different as other African projects do like RSG.

    The stock market is full of risks, US banks went bankrupt, anything could happen, so always prepare for the worst, but do as much research as possible, carefully consider all the risks, at end of the day, only ourselves are responsible for our own decisions and results.

    Cheers.
 
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Last
22.5¢
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Mkt cap ! $105.9M
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23.0¢ 23.0¢ 22.3¢ $581.5K 2.557M

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No. Vol. Price($)
6 533376 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 167023 5
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Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
22.8¢
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22.5¢ 23.0¢ 22.0¢ 782178
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