GNX genex power limited

I said few weeks ago these guys would be kidding themselves if...

  1. 5,072 Posts.
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    I said few weeks ago these guys would be kidding themselves if they think they could complete the SPP as planned.

    https://hotcopper.com.au/threads/genex-future-revenues-loans-o-m-getting-enveloped.5567357/#post-46824602

    see what I said in my above post

    the outcome is as i predicted.i believe the BOD did a poor job in marketing or getting their home work done when they allocated to S708 investors at 22c. They went too cocky as it was done and dusted very quickly thought the same would happen to SPP couldn't finish it after 2 extensions.. Had they arranged after market support from these institutions at the time of allocations, we wouldn't be in this situation with sp of 19c low today. lost confidence in the management.
    Last edited by Sensi: 07/09/20
 
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