I agree that it was undervalued... biggest problem here is that I was still working on getting more while the price was down (avg 19.4 - so I will be in the green... but greener would have been nice)
Guess that ship has sailed (for now) - expect 23 on open? Which at least takes us back to the price in August 2021... this is an opportunistic offer like Iberdolas was on IFN... GNX is now a lot closer to production - with a lot less risk attached to it than it was in August 2021.. yes there is more SOI - but IMO this is too low by far.
I seriously hope that the BoD do not even put this to shareholders for consideration - as the market is woefully short of competing products
Ann: Receipt of Non-Binding Indicative Proposal, page-8
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