Price of Iron Ore, page-1775

Yes, correct.

I expected 2c whilst hoping for much higher.

No, I don’t/did not expect that drop (3-5c). I expected a drop but albeit temporary given the whole expansion/growth story & the fact that Fenix had just very recently traded at all time highs.

You think the dividend alone, as in literally just that, can’t account for the drop? Well, that’s obviously correct.
But I’m maintaining it’s what withholding the dividend represents that then results in the escalation of the falling SP.

The very thing that is leading investors like myself into either holding or buying into Fenix is no longer being offered. So investors that specifically may not be as unfortunate as myself to have bought in at such a higher price than what’s currently being traded are deciding to invest elsewhere in search of that very thing.

So no, I vehemently disagree it’s not more complex than just the dividend.

And I can’t speak for what people expected, but I very highly doubt that people would’ve expected 0.0525 or greater.

However, and this is the part that seems to continually be getting lost on you, they clearly would have been expecting something though because he never gave the indication that NOTHING was forthcoming. It was actually the contrary.

And some of us would go on to suggest that that was deliberate.

I’m sorry but I have to say I am still sincerely baffled at how you can genuinely look at Fenix only 6 weeks ago when it was trading above 40c, for at least an entire week, and then some 3 weeks thereafter it’s all the way back down to today’s price and still be convinced that that’s largely to do with the iron ore price even though that’s only fluctuated between around 104 and 94 USD - none of that correlates in any meaningful sense whatsoever imo.