Thinking of buying into GLL today. The problem I have is it has a weak back bone so to speak. It struggles to find new highs. But present analyse speck Strong Buy. Currently sitting on 0.012c, technically it in the position to rise in the short term for some easy cion. But defiantly not the long term.
Trading has stalled this morning with the announcement of resignation of Non-Executive Director;
Galilee Energy (Galilee, ASX: GLL) today announces the resignation of Mr Gordon Grieve as Non-Executive Director. Mr Grieve has been a Director of Galilee since 6 September 2019 and has served as the Chair of the Company’s Audit Committee. Mr Grieve has stepped down from the Board due to other commitments and wishes the Company well. Executive Chairman Ray Shorrocks said “We sincerely thank Gordon for his service and commitment to Galilee over a nearly six year period. His expertise and guidance has been of great assistance to the Company, and we wish him the best for the future.”
