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clock Created with Sketch. 14/09/22
09:53
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Originally posted by Kurt12312:
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Another day again no information. I mean how long can this go on? At somepoint Management need to provide a timeline. Fair enough early on it might have been difficult almost 3 weeks in and not forgetting 5 weeks from initial offer and probably over a year since Skip Capital had commited considerable funds in a private placement you would think they knew alot about the Genex Power business.
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Usual DD process ranges from 30 to 90 days depending on the size of the company, skills of analysts and many other factors. Gnx only opened up their books on the 17th August, which means we are edging closer to the lower end of the timeline guidance.
(20min delay)