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The latest announcement is out from Galilee Energy Limited ( (AU:GLL) ).
Galilee Energy Limited has announced a significant change in the shareholding of its director, Gregory Thomas Columbus. The director acquired an additional 16,666,667 ordinary shares through participation in an Entitlement Offer and Shortfall, which was approved by shareholders at the recent AGM. This acquisition increases his total shareholding to 19,973,097 ordinary shares, potentially strengthening his influence within the company and aligning his interests with those of the shareholders.
The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.
More about Galilee Energy Limited
Galilee Energy Limited operates within the energy sector, focusing on the exploration and development of coal seam gas projects. The company is engaged in identifying and developing energy resources to meet market demands.
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$4.95M
Learn more about GLL stock on TipRanks’ Stock Analysis page.