Sell at 26c, take up retail entitlement at 24c... Only risk is the scale back, if they have one. I think there will be a few smart cookies taking advantage of this, after this morning's announcement enabled a price bounce above the offer price. No one loses, GNX get their funding and other market participants pick up shares, albeit at 26c.
GNX Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held