GNX 0.00% 27.5¢ genex power limited

Ann: GNX Reaches Project Document Contractual Close for Hydro, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 139 Posts.
    lightbulb Created with Sketch. 6
    The will have been they wanted all the cream in order to lock in.
    It wont have been they were given (extra) outs.
    They will have been trying to milk the sentiment you just expressed to hard ball the smaller player into an unfavorable deal.

    Whats happened is Genex called the negotiators bluff and went it alone.

    Any dilution fears you have impacted Simon personally the same way.

    I think in some ways the 100% own improves our own position, if EA start trying to threaten to not renew or not buy at the end.
    As wed then wind up with colocated generation and storage/system strength assets, with largely paid down cost basis, low OHM marginal operating costs. Which would leave us holding full house of assets not trying to draw to an inside straight.
 
watchlist Created with Sketch. Add GNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.