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2.38% 21.5¢ genex power limited

This is from Cannacord: Possible funding scenario for the Pumped...

  1. silu73
    539 Posts.
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    08/09/17
    09:49
    Post #: 27080517
    This is from Cannacord:
    Possible funding scenario for the Pumped Hydro and Stage 2 Solar:
    Banks + CEFC 350m
    NAIF 280m
    Infrastructure Fund 100m
    Equity Partner 50m
    ARENA 10m
    Equity GNX 30m
    Total 820m

    If we see these numbers are true Genex will raise 30m but us shareholders don't know yet at what price or how. Maybe a Rights Issue again.
    GNX Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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