FEX 0.00% 26.5¢ fenix resources ltd

next boat, page-217

  1. 505 Posts.
    lightbulb Created with Sketch. 104
    the price generally is reflective of the company it's current market value mate
    GRR has produced a hell of a lot more than FEX
    I'm not saying they have produced the same amount or made the same profit

    I'm saying that their revenue and market cap could be compared pretty similarly based on the amount they have produced and you can use that as a guide for how the market is taking iron ore companies

    I'm saying that GRR should have a higher valuation based on the amount of cash flowing in

    and I'm saying that FEX has done a great job compared to their closest competitor GWR who has only shipped one boat in 3 months

    if you've got a problem with what I'm saying then keep it to yourself or report me for defamatory if you disagree because I couldn't really give a f* pal
 
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