FEX 4.69% 30.5¢ fenix resources ltd

Ann: Half Yearly Report and Accounts, page-153

  1. 451 Posts.
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    Look I know hot copper is about discussions but honestly can we move on both of you? I heard the arguement to both sides.

    I am still in the company and invested, I think that this business has a good to high chance of being a good investment.

    However saying that. Yes we did probably pay a bit too much to buy out the haulage company last year. And yes we probably did have terms a bit too generous for the new Director/CEO.

    Anyway time to move on. Both investments may yet still be worth the cost. I was thinking if they are ever still short of franking credits and want to redistribute the cash theycan consider a buy back.
 
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