A few things stand out for me:
the independent board directors are getting best part of $150k each if the deal goes through. So how does that make them independent by "unanimously recommending" it?
It's amazing how all these risks are now public, whereas previously they were never mentioned (apart from KPH construction risk).
the KPH contractor has put in claims for over $200m ! Presumably because they did their shirt on a fixed cost project (albeit GNX saying real claim will be within contingency allowance).
With all the (now) transparency on previously confidential details (eg QLD Gov paying floor of $88/MWH for KS1), bring on competitive bidderS !!
- Forums
- ASX - By Stock
- Ann: Update on the proposed acquisition of Genex by J-POWER
A few things stand out for me:the independent board directors...
Featured News
Add GNX (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $380.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
GNX (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online