I think, and hope, this will get done far closer to 30c.
Genex raised a heap of money at 23c and since then the biggest energy crisis in 50 years has heavily improved the economics of our company.
Even our acquisition last week was well timed with the announcement last week by the energy minister signaling his intention to get a move on with firmed renewables, which will require some regulatory support.
Finally, why would the board say a flat no to 23c and then a “if you do due diligence at 25c and then are happy we will accept”? Makes no sense.
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