FEX 0.00% 27.0¢ fenix resources ltd

Ann: Half Yearly Report and Accounts, page-41

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  1. 238 Posts.
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    Looks like they did not make any money at all as mentioned above and only made money on the hedge.

    Does not look good to share holders and looks like some of the holders are dumping. Also as we enter the bear market is seems like people are wanting to reduce risk away from China with current tensions.

    Evergrande announced today they could not agree on any plans to repay debts to avoid liquidation in 3 weeks. Not looking good.
 
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