GLN ~175mill shares fully diluted @$2 is a MC is $350mill, GXY current at ~$820mill MC
Maybe so but GXY is undervalued IMO so if we are right and indeed there is going to be another Lithium boom and I believe there will be given the huge investments of companies like VW to spend $91 USD on EV's https://europe.autonews.com/automakers/vws-91b-spend-evs-outpaces-investment-rivals
I would expect GXY to at least double that to $1.6b and for use to be 1/4 of that at $400m .
Lots of things need to go right but I like many invested here think we are on a winner given the location and management team as has been pointed out by others on this thread.
I can be guilty of spruiking stocks but in this case I have a serious amount of hard earned invested here and would like to see it do well
GLN ~175mill shares fully diluted @$2 is a MC is $350mill, GXY...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.50M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $73.55K | 588.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5670 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 2619222 | 16 |
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| Last trade - 10.12am 29/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
