GNX 2.38% 21.5¢ genex power limited

I had a real interest in this company since IPO... but never...

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  1. 5,909 Posts.
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    I had a real interest in this company since IPO... but never bought in when Morgans chased me down (I was not even a customer but expressed interest) to take stock.. that is when I thought no.. I would hold back... few years down the track now and I must say this latest announcement is a complete disaster in terms of the way the cash was raised and diluting so many shareholders as part of the last deal. I am shocked that for such a good project they could not raise funds at a premium to the share price... Still interested in investing but I think there may be some further falls.. looks like open may be 17.5c.
 
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Currently unlisted public company.

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