GNX 0.00% 26.5¢ genex power limited

Genex valuation?

  1. 1,235 Posts.
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    Given the info we have now, is anyone able to place a valuation on the company and share price after capital raise has been carried out and shares are on the market?

    The reason being, if I take up my full entitlement of shares in the retail offer my average buy price will become .222 per share.

    I am wondering if anyone has insight on how long the share price will hover around the .21 mark (if people sell to take up the offer).

    Ideally, I would hold for a few months and sell a large packet for upwards of .25 and take a large portion of my original investment off the table dropping my average buy price to around .196

    But this all depends on how quickly the share price will rise after the selling stops post capital raise and of course valuations of the company.

    Thanks!
 
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26.5¢ 27.0¢ 26.5¢ $570.5K 2.137M

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38 29070836 26.5¢
 

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Price($) Vol. No.
27.0¢ 19026030 161
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Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
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