FEX 1.32% 37.5¢ fenix resources ltd

Ann: Fenix acquires Mid-West haulage business, page-15

  1. 51 Posts.
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    This is a fabulous deal for Fenix.

    Buying an annual $12.5m cost saving (straight to bottom line!) for $7.5m in cash and 30m shares.

    Also indicates that growth is coming. JW and Mitchell must have a sight line on more tonnes!

    im looking forward to what is next
 
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