GLL 0.00% 1.4¢ galilee energy limited

Ann: Galilee Energy Announces $13 Million Private Placement, page-48

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  1. 669 Posts.
    lightbulb Created with Sketch. 13
    The other side of the coin is Who is selling? Can't be 2M shares suddenly from retail holders. If so, I'd expect they'd want to hold out for a few days for over 60cents.
    Are some of the brokers balancing their books, eg Patersons & Cannacord from earlier raises. Who knows? They may have an in-house rule to turn over their in kind raising fees. Their Stops?
    Just so bloody stupid.
    Cheers, Japes.
 
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