GNX 0.00% 27.5¢ genex power limited

Ann: GNX Signs A$25M Share Subscription Agreement with J-Power, page-4

  1. 3,588 Posts.
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    To my simple mind this is a game changer. With a big daddy like J-Power GNX is a much more secure investment. I've just looked to getting some more, but find that I'm already well weighted with GNX shares.
    I note that J-Power are able to go to 19.99% of Genex - just short of the 20% limit where they can only buy small amounts each six months (or some such) or make a full takeover offer.. Not that I think the latter is on the cards.
    Good luck to us all.
 
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