GNX 1.89% 27.0¢ genex power limited

Ann: Genex receives NBIO from J-POWER, page-9

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    Does the two-pronged approach from J-Power (i.e. fall back on-market takeover provided they can get to 50.1%) suggest they aren't confident that Skip will sell out? Certainly at 19.9% Skip would vote down a scheme of arrangement requiring 75% shareholder approval.
 
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