GNX 2.38% 21.5¢ genex power limited

Ann: Stage 2 Hydro Commencement of Early Works Programme, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 539 Posts.
    lightbulb Created with Sketch. 10
    Still bullish. We have to remind ourselves that Genex is a small company undertaking a huge project. One that requires all sorts of dominoes to fall into the right places. It's never good if a government is involved but if the end result is a low interest loan then so be it if it takes a bit longer.

    The market is currently expecting several options until financial close can be announced. Some may sell in the anticipation of a capital raise. Some may buy thinking that any capital raise may be small and perhaps even at a premium. Who really knows right now except the insiders.

    All I know is that Genex won't make me rich in the short term but I'm looking at 15-20 years into the future when Genex will generate an awful lot of cash and will give me the returns so that I have a comfortable retirement.
 
watchlist Created with Sketch. Add GNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.