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The latest update is out from Galilee Energy Limited ( (AU:GLL) ).
Galilee Energy Limited has announced a general meeting to discuss several resolutions related to the issuance and ratification of shares. The meeting will address the approval of issuing 175,000,000 Consideration Shares, ratification of previous share placements, and approval for director participation in share placements. These resolutions are significant as they pertain to the company’s capital structure and potential expansion, impacting shareholder value and market positioning.
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
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$5.84M
Find detailed analytics on GLL stock on TipRanks’ Stock Analysis page.