GNX 0.00% 27.0¢ genex power limited

takeover Skip, page-461

  1. 348 Posts.
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    Time might be against GNX and with Skip and Stonepeak as far as getting a higher price.The latest contruction update at Kingston, increasing cost of capital and site costs, the need for additional capital?, gearing levels (from what I can see), the large increase in issued shares over the past 2 years and the unknowns in the Australian energy space to me would put the ball in the consortiums court I would think. Skip at 20% and probably happy to keep buying on market at these levels.
 
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1 149813 27.0¢
 

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27.5¢ 3813212 30
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