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Galilee Energy Resumes Trading After Capital Raising Announcement

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Galilee Energy Resumes Trading After Capital Raising Announcement

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The latest update is out from Galilee Energy Limited ( (AU:GLL) ).

Galilee Energy Limited has announced that the suspension of trading in its securities will be lifted following the company’s release of information about a significant capital raising and acquisition. This development is expected to impact the company’s operations by potentially enhancing its financial position and market presence, which could have implications for its stakeholders.

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$7.07M

See more insights into GLL stock on TipRanks’ Stock Analysis page.

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