GNX 0.00% 27.0¢ genex power limited

Ann: Receipt of Revised Non-binding Indicative Proposal, page-37

  1. 1,897 Posts.
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    I hate the offer too but GNX Management have really put a hand brake on the company. At the time it might have been a good idea to get the financing to do the Energy Australia deal. But I think this has hampered the revenue generation of our flagship asset.

    And certaintly with this management I don't want to go any further. So I will be in favour. Get my money out before these guys destroy a great company and I still make a decent payday. Those 100K shares at 23 cents got filled cant believe why someone would sell now.
 
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