The wording revolved around distributing the divvy as far as it could be fully franked. Some have calculated this at 3 to 5c per share, which should be fully franked. So that is around 4.3c to 7.1c before tax.
To me thats pretty darn solid so 100k shares is likely to generate $4300 to $7100 in income. Got $300,000 then you can invest it here and get $45,000 to $75,000 per half year in income.
Key Highlights
• Unaudited sales revenue of $113 million
• Unaudited net profit before tax of $62 million
• Unaudited headline net profit after tax (“NPAT”) of $49 million
The Directors are also pleased to announce the adoption of a dividend policy which provides that, to
the extent that dividends can be fully franked, Fenix will distribute between 50% and 80% of after tax earnings to shareholders in the form of dividends, either annually or semi-annually.”
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $258.7M |
Open | High | Low | Value | Volume |
36.5¢ | 37.8¢ | 36.0¢ | $952.0K | 2.582M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74237 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 336700 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74237 | 0.370 |
6 | 124039 | 0.365 |
14 | 389200 | 0.360 |
7 | 455566 | 0.355 |
21 | 432610 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 336700 | 3 |
0.380 | 67624 | 2 |
0.385 | 60000 | 1 |
0.390 | 101920 | 2 |
0.395 | 34000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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FEX (ASX) Chart |