If you don't mind me asking - is everyone taking up the SPP? Originally I thought I couldn't due to cashflow but I've decided to use other investments to go even more "all in" on Genex. My main points for increasing my holding are
- NAIF funding
- J-Power involvement
- A better understanding of the Australian energy market i.e. needing more pumped hydro and distributed storage
- Current SP of 26c seems to point towards existing shareholders NOT exiting investment to take up cheaper offer
- For the first time a confirmed date by management that financial close for KH1 to happen by 30/9
So I can see a serious re-rate on the cards after financial close for KH1. However, I still view Genex as a long and ultimate dividend paying investment.
- Forums
- ASX - By Stock
- Ann: Despatch of Share Purchase Plan Booklet
If you don't mind me asking - is everyone taking up the SPP?...
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