GNX 0.00% 27.5¢ genex power limited

Ann: GNX Reaches Project Document Contractual Close for Hydro, page-9

  1. 1,900 Posts.
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    Look I agree we need to give it sometime for the capital raising to be all done a dusted. Sure FC is also good news. But I think celebrating is premature. The share price has declined sharply and that doesn't mean it won't increase sharply either (fingers crossed that happens). But I think after this capital raising Simon needs to lock in partners rather than giving them outs prior to a major project. Otherwise this will happen again and again.
 
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