GNX 0.00% 27.5¢ genex power limited

Ann: Despatch of Share Purchase Plan Booklet, page-15

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  1. 489 Posts.
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    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.
 
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