GLN 4.65% 22.5¢ galan lithium limited

So what is the prevailing view here about Millei winning? The...

  1. 42 Posts.
    lightbulb Created with Sketch. 43
    So what is the prevailing view here about Millei winning? The market appears to be reacting negatively, but I don't feel like the market is well informed on this point and I had chalked this up as a positive for GLN.

    My reasoning being:
    - His flagship policy of dollarisation is clearly going to be good for both inflation and the ability to repatriate capital
    - He is massively pro-business
    - While angling to be disruptive overall - He doesn't control licencsing or royalties which sit with Catamarca and he has very little congressional support and so I think less will actually change than most expect.

    I hasten to add that it is probably a net negative for Argentina overall (I don't understand why people keep calling him a 'libertarian' when he plans to criminalise abortion).
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $101.6M
Open High Low Value Volume
22.0¢ 23.0¢ 21.5¢ $260.1K 1.172M

Buyers (Bids)

No. Vol. Price($)
9 338927 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 161409 3
View Market Depth
Last trade - 13.09pm 04/06/2024 (20 minute delay) ?
Last
22.3¢
  Change
0.010 ( 3.01 %)
Open High Low Volume
22.0¢ 22.5¢ 21.8¢ 558772
Last updated 13.36pm 04/06/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.