FEX 5.77% 27.5¢ fenix resources ltd

Ann: Dividend/Distribution - FEX, page-120

  1. 1,044 Posts.
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    Lol! Lots of very ordinary posts and suggestions with negative vibes… people still looking for lower entry before divvies

    Expect a drop after divvies but short lived as we look forward to SCN and JV drilling September/October.Management retained some dollars in the bank, so acquisitions still a real possibility… potential upside on different fronts coming soon whilst the cash cow keeps producing… Oh, and don’t forget 45% of our production has been hedged for the next twelve months… $$$$$$’s..

    High expectations from this Company imho and if your negative, simply don’t invest in the Company… but until management fail to deliver they have my vote of confidence and money moving forward… How many Companies deliver on promises and pay shareholders a dividend this early? Plenty of bad investments out there with less than honest management… Thank fully this is NOT one of them!

    Good Luck All

 
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