TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Galilee Energy Limited ( (AU:GLL) ) has shared an update.
Galilee Energy Limited has announced the issuance of 16,666,667 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GLL. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have positive implications for its stakeholders.
More about Galilee Energy Limited
Galilee Energy Limited operates in the energy sector, focusing on the exploration and development of coal seam gas projects. The company is primarily involved in the production and supply of natural gas, catering to both domestic and international markets.
Average Trading Volume: 447,452
Technical Sentiment Signal: Buy
Current Market Cap: A$4.72M
For an in-depth examination of GLL stock, go to TipRanks’ Stock Analysis page.