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0.93%

26.8¢ genex power limited

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146 Posts.

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05/04/24

16:47

Post #: 73211505
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Originally posted by Kurt12312: ↑

I stand by all that I have said. In the short term if J-Power pulls out of the deal the share price will go under 20 cents and if there are any delays you can expect 17 cents. However, once and if Hydro is up and running, transition lines complete and earning money 27.5 cents isn't a great deal. Is that contradictory? No its not when you de-risk the project you expect more reward. If the takeover takes say 2 months or more you have to weigh that against the fact that the Hydro project will be substantially complete in 5 months. You need to weigh all of this up and you have to consider if a shareholder gets there money now they will have at least 9 months of time to invest those funds before Hydro revenue/expenses has 6 months of cashflow. Anyway this wasn't to answer you it was to provide clarity to my thinking simpletons like you see the world black and white. And guess what the world is much more complex. Good luck to shareholders in the end I wish J-Power continues the takeover but ultimately shareholders will have the final say on whether they want to accept.

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There we go. Revert to type. Block.

GNX Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 26.8¢		Change -0.003(0.93%)		Mkt cap ! $373.9M

Open	High	Low	Value	Volume
26.5¢	27.0¢	26.5¢	$355.3K	1.329M

Buyers (Bids)

No.	Vol.	Price($)
37	33512131	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.0¢	21021753	169

View Market Depth

No.	Vol.	Price($)
37	33512131	0.265
20	32151304	0.260
2	72000	0.255
8	242000	0.250
2	45771	0.245

Price($)	Vol.	No.
0.270	21021753	169
0.275	3109821	39
0.280	196856	10
0.285	117561	3
0.290	57180	3

Last trade - 12.16pm 30/04/2024 (20 minute delay)


Last 27.0¢			Change -0.003 ( 0.00 %)
Open	High		Low	Volume
26.8¢	27.0¢		26.8¢	1007041
Last updated 13.12pm 30/04/2024 ?

GNX (ASX) Chart