FEX 1.32% 37.5¢ fenix resources ltd

Ann: Fenix acquires Mid-West haulage business, page-10

  1. 37 Posts.
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    "Factoring in the cash and equity consideration of the Transaction, the additional cash flows generated via the consolidation of the Company’s haulage operations will result in higher earnings and higher dividends available to Fenix shareholders."

    Investing new ways to reduce costs is a positive move in my opinion for the long run - and higher earnings + dividends as per the above statement (sounds good!). It's a tick from me
 
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