My view is that there is more upside on GNSPA than GNS. Similar to Elders, there is a possibility of a massive rights issue which would dilute equity and see GNS slide. This would however result in a stronger balance sheet and result in GNSPA going up. This happened with ELD/ELDPA and I think TPA/TPAPA. Probably others as well.
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My view is that there is more upside on GNSPA than GNS. Similar...
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