FEX 0.00% 31.5¢ fenix resources ltd

Ann: Fenix acquires Mid-West haulage business, page-149

  1. 8,286 Posts.
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    If bigger plans means a higher sp but reduced or no dividend - all good.
    If sp remains subdued but collect 3-5c yearly divvie along the way - all good.
    If both higher sp and divvie along the way - the optimal.

    Due to perceived short mine life management will seek mine extension options - presumably ongoing. There is time and in the current environment perhaps good opportunities will present - at what price point and where is yet unknown. Some mentioned a possible takeover - again, at what price point and by whom is unknown but highly doubtful, as can't see new management wanting such as early exit. AIMO

 
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