FEX 0.00% 43.5¢ fenix resources ltd

Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-14

  1. 1,084 Posts.
    lightbulb Created with Sketch. 504
    Exactly. It’s mediocre at best! It’s pretty much similar to the Fenix/Newhaul deal, where the impression trying to be made is this is supposedly an expansion that will significantly benefit shareholders but IN REALITY it seems to only really benefit the shot-callers.

    That’s why J9 is so adamant to defend it. Not because she actually agrees it’s a good deal but because her rugby player buddy is benefiting from it. What’s shocker!
 
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