GNX 2.38% 21.5¢ genex power limited

Today's Australian, page-8

  1. dej
    383 Posts.
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    To be fair, we are now only back to the IPO price but with a lot of de-risking having taken place.

    Institutional investors saw it as a good investment at 20cps.

    The SP then went on to half for no apparent reason a part from low liquidity and general interest.

    We now have ticked enough boxes that there is some interest, and we are back at the IPO price yet much further along as a business. In fact we are 9 - 10 months further ahead.

    As we have put on the other thread, there is a lot of further potential here, but this will never become a "hot stock" given what is being completed is relatively boring (in relation to Lithium and Tech!). Maybe they should have a look at the tailings of the old mine and see if their is saleable levels of lithium...
 
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