GLN galan lithium limited

I expect we'll bottom out shortly and I'm flipping back to a...

  1. 1,135 Posts.
    lightbulb Created with Sketch. 435

    I expect we'll bottom out shortly and I'm flipping back to a buy.

    Reasons:
    - Milei is proving good for Argentina. Inflation is dropping and he's making good on some of his desired reforms
    - BHP Filo acquisition is a vote of confidence for Argentina. More will follow in due course.
    - Export licence will be issued in due course
    - Supply destruction in lithium starting to appear. Demand for EV's still exponential, even with PHEV growing.
    - Our market cap is now 17% of what Posco bought Galaxy's Hombre Muerto Northern tenements for in 2018 (undeveloped, earlier stage, in a declining price environment).
    - Directors following their money down. Conviction is clearly there, even if they had drunk their own Kool Aid.
    - Appointed a CFO. Starting to realise the error of their ways (a frank admission with lessons learned would be nice to hear from JP)




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
14.5¢
Change
0.010(7.41%)
Mkt cap ! $153.3M
Open High Low Value Volume
14.0¢ 14.5¢ 13.5¢ $553.0K 3.942M

Buyers (Bids)

No. Vol. Price($)
6 198382 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 359655 7
View Market Depth
Last trade - 16.10pm 16/09/2025 (20 minute delay) ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.