GNX 0.00% 27.5¢ genex power limited

SHAREHOLDER VALUE ADDED SINCE THE AUGUST 2022 OFFER FROM SKIP CAPITAL, page-22

  1. 1,443 Posts.
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    It just baffles me that Skip offer was "undervalued", but a year of progress later adding a couple of cents is somehow not undervalued....

    I think that works out to an extra $57mil? Is that low enough to question why management feels all the progress they've made in the past year is only worth $57mil? Even just looking at how much we've spent on construction of Kidston, must take us pretty close to that number. And if management can't justify the negligible increase in value then we should be questioning if they've been fulfilling their responsibilities as directors
 
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