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An update from Galilee Energy Limited ( (AU:GLL) ) is now available.
Galilee Energy Limited has notified the market that it will issue 72 million unquoted performance rights under its existing capital structure. The new securities, recorded under ASX code GLLAS and issued on 3 February 2026, represent a significant allocation of equity-linked incentives that may affect future dilution and align management or employee interests with long-term company performance.
The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.01 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
Average Trading Volume: 1,784,710
Technical Sentiment Signal: Sell
Current Market Cap: A$6.29M
For an in-depth examination of GLL stock, go to TipRanks’ Overview page.