Australia's largest stock trading and investment forum Australia's #1 stock forum

GNX

Click for more information

2.38%

21.5¢ genex power limited

Nice now i don't feel like i'm talking to my self on GNX lol......

First 10 Last

Share
Profile

Follow
mouse

7,737 Posts.

154

30/07/16

01:18

Post #: 18405198
Share

Originally posted by aclemence ↑

I'm overweight GNX as I can see its place in our energy future. Though having said that, I've not actually sat down and gone through the hard numbers of profit relative to anticipated debt relative to shares on offer. As long as we maintain coal generation which provides cheap overnight power, all should be fine, but if the coal shuts down then the equation becomes much more complicated (and possibly much more profitable).

Risks I see are any new open cycle gas turbines, battery storage (batteries lose capacity over time unlike water but also have the advantage of technological improvements over time, whereas water has been the same for thousands of years) and nuclear energy (won't get a social licence in the modern NIMBY Australia).

Expand

Nice now i don't feel like i'm talking to my self on GNX lol...

I had the same thoughts on home batteries but it will take awhile before they become mainstream & it's not going to be for everyone especially given the fact there is way to meany investment property & appartments that would not be able to use such technology , GNX would be producing 15o GW by then i would suspect.

Anyway not long before some good news

GNX Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

OAR

Chris Judd's Talk Ya Book: Orthocell building on 'enormous potential' with steady growth - and US push to come

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

HMI

Global Lithium up 13% as it joins the ranks of battery metal players pivoting to gold

There are more pages in this discussion • 5 more messages in this thread...

First 10 Last

Add GNX (ASX) to my watchlist