Board bust-up when Galilee accepted Bathurst offer for NZ coal assets. Cambell Smith then resigned in protest, I believe, although no statement issued. Smith was to manage the NZ assets in a new role and this role disappeared when the assets sold for about $30m. This is how GLL is now sitting on $28m. Whatever agenda Smith has you can be sure dumping the current board is high on his list. New entrants to this stock may not be aware of this history.
Board bust-up when Galilee accepted Bathurst offer for NZ coal...
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Change
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Mkt cap ! $5.757M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1660000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 681593 | 3 |
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