FEX 0.00% 27.0¢ fenix resources ltd

Chart, page-972

  1. 4,615 Posts.
    lightbulb Created with Sketch. 723
    I didn’t purchase this for a quick sale. I intent to watch the company grow and pay dividends at some stage. I have long term price targets of 75c plus. Which still values the company at $360M. But things need to happen first. An acquisition, bolt on or merger to extent the LOM and hopefully an iron ore price that stays relatively above US $100/tonne.

    They have got their costs(C1) down to $82 -88/tAussie therefore $65 US/t. So the price really needs to crash to upset this company. I don’t see this happening for atleast another 2-3 years.
 
watchlist Created with Sketch. Add FEX (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
0.000(0.00%)
Mkt cap ! $194.5M
Open High Low Value Volume
27.0¢ 27.0¢ 26.5¢ $35.16K 131.8K

Buyers (Bids)

No. Vol. Price($)
15 1287728 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 202590 2
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
FEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.