GNX genex power limited

GNX a speculative buy MORGANS, page-6

  1. 1,900 Posts.
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    Eyes need to be at the near term big play. We have plenty in the pipeline such as Kidston Wind and Bulli Creek which could have solar & Wind and batteries. More than enough in the pipeline and we know the disasters we faced when we over prmoised and couldn't get the finance sorted properly with third parties pulling out last minute and needing equity investors to fill the void. Sure we can inject equity but if we need new equity the share price will crash again and again. Not sure shareholders want that again. We need to get hydro done with a pipeline get the share price near the broker reports and then relying on strong cashflow and the higher share price go to market and raise equity in a strong position rather than a weak position with money running out.

    It simply doesn't matter whether you agree with me or not this has been the case for the last 3 years.
 
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Currently unlisted public company.

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