With FEX soon to be awash with cash, I’m keen to hear what company will do with it.
some options:
- Return some to shareholders by way of dividend
- Aquire new projects in the Iron Ridge jurisdiction
- Perhaps even consider acquiring or entering into JV project(s) in an entirely new jurisdiction where FEX mine startup and development acumen could be put to excellent use (think Africa, where a number of projects have apparently stalled).
What are posters’ thoughts?
What should FEX do with all their cash
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Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69556 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 38158 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |