Time might be against GNX and with Skip and Stonepeak as far as getting a higher price.The latest contruction update at Kingston, increasing cost of capital and site costs, the need for additional capital?, gearing levels (from what I can see), the large increase in issued shares over the past 2 years and the unknowns in the Australian energy space to me would put the ball in the consortiums court I would think. Skip at 20% and probably happy to keep buying on market at these levels.
takeover Skip, page-461
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Last
27.3¢ |
Change
0.003(0.93%) |
Mkt cap ! $377.4M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.3¢ | 27.0¢ | $29.12K | 107.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 4698388 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 3873230 | 34 |
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| Last trade - 10.14am 20/06/2024 (20 minute delay) ? |
| GNX (ASX) Chart |