In the lead up to any vote by GNX shareholdersif Skip Capital confirm a proposal for takeover, I’d like to take the opportunityto remind all of the following significant points in a higher interest / higherinflation / volatile currency environment:
- Genex has a FIXED-PRICE contract for the build of Kidston Pumped Hydro, and all overseas componentry is hedged against currency fluctuations
- The concessional interest rate provided by NAIF for the Pumped Hydro build is LOCKED IN at under 3.0% for ten years AFTER the build is completed
- The rental arrangement of the Pumped Hydro facility to Energy Australia has CPI escalation BUILT IN
It’s less than 2 years from nowuntil the Pumped Hydro electrons start flowing!
It’s less than 8 months from nowuntil the Bouldercombe Battery electrons start flowing (into a market where $/MWHis about DOUBLE what the already-healthy business case was based on).
Not to mention the other pipeline opportunitiesalready in play.
VOTE NO (if Skip come through with their opportunistic25c bid) and do your superannuation a favour!
DYOR.
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $373.9M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 27.0¢ | $94.82K | 350.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 11176007 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 6500728 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 11176007 | 0.270 |
25 | 11569328 | 0.265 |
2 | 6600 | 0.260 |
2 | 41970 | 0.255 |
1 | 10000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 6500728 | 54 |
0.280 | 2231423 | 18 |
0.285 | 13170 | 3 |
0.290 | 102719 | 5 |
0.295 | 124962 | 2 |
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