GNX 0.00% 27.0¢ genex power limited

Jemalong, page-11

  1. 61 Posts.
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    Any ideas why GNX has retreated? It feels cheap here given the de-risking events that have occurred. Cash flows cover loan repayments, to get debt under control, admittedly the sale of a 10 year call option to EA looks cheap, but then the upfront de-risking feels worth it. Steady cash flows with upsides on the other Solar and wind project, feels good I am hoping this is simply short term profit taking, I have found nothing to suggest anything else?
 
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27.0¢ 27.3¢ 27.0¢ $1.232M 4.563M

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46 45151853 26.5¢
 

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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
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