I would have thought that JPower, being a larger entity than GNX would actually lower the risk of the loan never being paid off?
So the FIRB may not see the takeover as any risk to the loan/loan terms and as the assets are remaining in Australia there may be no issue at all.
Maybe they'll give JPower terms i.e., they may have to pay the loan out in full, or perhaps they may have to keep GNX running as a seperate venture so all its books etc are easily viewed as an Australian business, just Japan owned...?
I would have thought that JPower, being a larger entity than GNX...
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.5¢ | $1.537M | 5.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 31741663 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 15648906 | 150 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
0.000 ( 0.93 %) |
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| Open | High | Low | Volume | ||
| 26.8¢ | 27.0¢ | 26.8¢ | 416679 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GNX (ASX) Chart |