GNX 0.00% 26.5¢ genex power limited

takeover Skip, page-459

  1. 1,894 Posts.
    lightbulb Created with Sketch. 300
    Wow we are now nearing the end of November 2022. By the time Skip Capital and Stonepeak are satisfied with the geological issues it's suffice to say 25 cents ain't gonna cut it. I mean most of the uncontrollable risk of the project would have been past us. Sure they might get certainty but we ain't selling under 30 cents. With that risk behind us I think we have clear wy ahead. Management will get sued big time if they still mandate to sell at 25 cents. LOL literally 18 months of construction left. I think we retail holders prefer to hold at this stage. Electricity prices are going through the roof and this isn't a short term peak. Electricity prices are staying higher for the forseeble future. EV cars will in 5 years become common place (not everyone will have one but it will become certainly more mainstream than it is now). Hence, more electricity less oil. Sure there are some projects happening but ceertainly not at the pace required to hold electricity prices down.
 
watchlist Created with Sketch. Add GNX (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.000(0.00%)
Mkt cap ! $367.0M
Open High Low Value Volume
26.5¢ 27.0¢ 26.5¢ $292.2K 1.092M

Buyers (Bids)

No. Vol. Price($)
41 32511738 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 19292380 161
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
26.8¢
  Change
0.000 ( 0.93 %)
Open High Low Volume
26.8¢ 27.0¢ 26.8¢ 149280
Last updated 15.32pm 10/05/2024 ?
GNX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.