GNX 0.00% 27.5¢ genex power limited

SHAREHOLDER VALUE ADDED SINCE THE AUGUST 2022 OFFER FROM SKIP CAPITAL, page-14

  1. 1,323 Posts.
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    Sorry I disagree that management and the board are trying to rustle up other offers. The board has already said accept the offer...No one in management or the board were in for the long haul, all for nice annual fees and salaries. The company faces issues getting equity to build its big projects, and management want to move on. This is case in point of why you want a management team that's in for the long haul and all own substantial stakes in the company. GNX is a vanity project for Simon Kidston and all management and board wanted was for the company to be acquired. They got their wish.
 
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Currently unlisted public company.

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