Genex: Atlassian's Farquhar Makes An Offer

Jul 25, 2022

∙ Paid

Renewable energy play Genex Power Ltd (GNX AU) has announced a non-binding indicative proposal from Atlassian's Scott Farquhar and Stonepeak, by way of a Scheme, at A$0.23/share.
That's around a 64% premium. Farquhar holds a 19.9% stake.
Farquhar, along with Atlassian co-founder Mike Cannon-Brookes, backed Genex capital raising in March last year.

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