FEX fenix resources ltd

Potential divy

  1. 3,575 Posts.
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    Surprised by today's pullbacks

    Maybe I am missing something but they said that the divy would be between 50 and 80% of npat either paid annually or bi annually.

    The unaudited NPAT is forecasted to be approx $ 49m. There are 472,213,920 shares on issue.

    Maybe my maths has a lot to be desired but even taking the worst case scenario of 50 % of npat it seems to be bloody attractive to me when the current share price is .29c !!!

    What are I missing ?

    Results due out in September. Not long to wait.

    DYOR

 
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(20min delay)
Last
42.0¢
Change
0.005(1.20%)
Mkt cap ! $312.6M
Open High Low Value Volume
42.0¢ 42.0¢ 41.0¢ $252.5K 604.4K

Buyers (Bids)

No. Vol. Price($)
17 65405 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 344502 18
View Market Depth
Last trade - 13.49pm 19/09/2025 (20 minute delay) ?
FEX (ASX) Chart
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