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Galilee Energy Limited ( (AU:GLL) ) just unveiled an announcement.
Galilee Energy Limited has applied to the ASX for quotation of 5,000,000 new fully paid ordinary shares (ASX code: GLL), issued on 5 February 2026. The move increases the company’s quoted share capital, potentially broadening its investor base and providing additional liquidity in the stock, with implications for existing shareholders as the expanded register reflects previously announced transactions now being finalised through formal listing.
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$11.74M
Find detailed analytics on GLL stock on TipRanks’ Stock Analysis page.