sorry I have resisted commenting long enough...
I will bare my ass in Bourke St if they Ann a dividend !
The biggest challenge for small cap companies is raising capital so the first time they start generating some cash you seriously think they are planning to do a share buyback or give a dividend....
This company is currently a one trick pony - a high cost IO producer so if the IO price falls in the next 12 months watch the SP dive and with it their cash reserves and their ability to raise capital.
FEX needs to diversify ASAP either by acquisition and/or JV, (maybe even buy SCN just cos they can...)
Do not hold your breath waiting for a dividend as I think you will end up turning blue...
Ann: June 2021 Quarterly Results Conference Call, page-50
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $260.4M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.0¢ | $1.270M | 3.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 53759 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 447513 | 10 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |