The “fizz” have gone out of GAL. If they keep on producing mediocre results like this, the SP will keep on dropping, and dropping, accelerated by future cap raises.
None of what they have found to date is economical. They need to find the source. And improve the grades ~10fold. I suspect we may see a year or two, three, of similar mediocre results, and the SP revering back to ~10c/share.
Unless they get lucky.
This is a share for those with deep pockets, deep beliefs in a miracle god (called GAL) and years of patience.
The “fizz” have gone out of GAL. If they keep on producing...
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $34.58M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $10.70K | 61.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43787 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 790 | 1 |
View Market Depth
| Last trade - 15.59pm 03/09/2024 (20 minute delay) ? |
| GAL (ASX) Chart |