Australia's largest stock trading and investment forum Australia's #1 stock forum

GNX

Click for more information

0.00%

27.0¢ genex power limited

"JPower dont have enough votes if the majority of shareholders...

First 29 Last

Share
Profile

Follow
jm3767

947 Posts.

218

13/05/24

17:31

Post #: 73802112
Share

Originally posted by Martin82: ↑

Interesting it is critical infrastructure. Projects like this wont look as good if they are in the hands of foreign companies.

Will be interesting come time to vote. Dont think there is alot of enthusiasm for this TO. By the time July comes around there will be about 6 months before the hydro is completed and the money from Energy Australia starts to come in. BBP is making some good cash aswell as the other wind/solar projects.

Before voting one must calculate the approx MC of Genex with expected revenue from these projects.

Im no mathematical genius but its worth more than 27 cents.

One must also factor the potential for dividends in a few years.

After watching that webinar yesterday feel the vibe that Genex board arent overly excited by this proposal. Seems to be with any TO the board will recommend it if it is a premium to the SP.

My impression is that the company is still focused on Bulli Creek and the future.

JPower dont have enough votes if the majority of shareholders hit the NO button.

Expand

"JPower dont have enough votes if the majority of shareholders hit the NO button. "

Are not JPower & their shares excluded from voting at a SOA meeting?

GNX Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

There are more pages in this discussion • 1 more message in this thread...

First 29 Last

Add GNX (ASX) to my watchlist

(20min delay)
Last 27.0¢		Change 0.000(0.00%)		Mkt cap ! $373.9M

Open	High	Low	Value	Volume
27.5¢	27.5¢	27.0¢	$168.5K	617.5K

Buyers (Bids)

No.	Vol.	Price($)
8	8495761	27.0¢

Sellers (Offers)

Price($)	Vol.	No.
27.5¢	8874404	66

View Market Depth

No.	Vol.	Price($)
8	8495761	0.270
26	11571328	0.265
2	6600	0.260
2	41970	0.255
1	10000	0.250

Price($)	Vol.	No.
0.275	8874404	66
0.280	2236751	18
0.285	13170	3
0.290	102719	5
0.295	124962	2

Last trade - 16.10pm 03/07/2024 (20 minute delay)

GNX (ASX) Chart

SPONSORED BY