GNX 0.00% 27.0¢ genex power limited

Ann: Change in substantial holding from CBA, page-10

  1. 3,866 Posts.
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    going by what other renewable generators have done, it may be a tax deferred distribution - which IMO isn't technically a dividend - its a return of capital..

    personally, I would prefer less debt and greater re-investment into storage assets - first movers will have the greatest advantages in this market - happy to forgo some cash back into my pocket for 5 years so that they can develop a good stable of assets. That being said... plenty of yield chasers on the market and nothing attracts them more than a divvy... even if it artificial (sadly)... it would likely result in an increased SP.

    Solar will help provide cash flow, but it will not be where the real profits will be derived.
 
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