GLN 0.00% 12.5¢ galan lithium limited

Ann: Drilling Update, page-249

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  1. 1,845 Posts.
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    Insiders obviously selling, taking risk off the table, especially when a few have oppies to convert at 14-15c its a no brainer & I don't blame em, if sentiment is dropping and you can still make a profit and double your holdings if you want to get back in for the same price, it makes total sense!

    they can sit on the sidelines for months with profit in the kitty and the option to get 2 for 1 or even more depending on where they sold.

    This is why I always try to look at what options are on the table... its a good way for companies to raise captial and can pay off for those who took the risk early on in the piece.

    The company will prove up a good resource that's why I am still holding just how it goes in the spec game. Long to Mid hold. I would risk trading at this point of the game.

    We have a stellar management at the helm so this can turn around and pay off!

    All IMO
    Last edited by selfmaderiches: 14/03/19
 
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