GNX 0.00% 27.0¢ genex power limited

Ann: Genex Completes Construction of Bouldercombe Battery Project, page-10

  1. 484 Posts.
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    What I find shady is the latest broker report has the Genex share price unchanged since the last report published around the time of the battery fire. Since then the fire issue has been resolved, Bouldercombe has been fully commissioned, KPH has been considerably derisked, and Genex has a takeover offer. Very conveniently the price recommendation is 1.5c below the takeover bid. Reeks of a commissioned broker report providing a price requested by those who commissioned the report.
    DYOR, especially when considering broker recommendations.

 
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