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0.00% 27.5¢ genex power limited

General GNX News, page-857

  1. jezyh
    622 Posts.
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    03/02/21
    17:31
    Post #: 50682595
    Yeah, should achieve a JV sell-down agreement within the coming fortnight. The deal is currently in front of our JV partner's parent company, for approval, and they're well aware of the deadline. Their key meet was early Feb, I believe.

    Our expected developer margin has significantly and specifically increased on latest Canaccord reports, so I'm interested to see the detail here. In terms of valuation...both Morgan's and Canaccord have a $0.36 price target attributing zero to our Bouldercombe Battery and Kidston Wind. So there's the upside, and then upside on the upside.

    Regards,
    Jeremy
    GNX Price at posting: 27.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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