FEX 7.58% 30.5¢ fenix resources ltd

Yes tax must come out. After each divi has been paid we seem to...

  1. 1,187 Posts.
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    Yes tax must come out. After each divi has been paid we seem to have $60 million left over. Well that's been the case for 3 years so on the same basis (assuming we have an NPAT of $22 million again for this quarter) I can't see the divi being less than 2c but could see a rise to 2.5c or even 3c. The quarterly should allow us to get a good feel for what they'll announce in the Annual Report. Maintaining a healthy cash balance seems to have been almost a policy and given the higher interest rates maybe even the interest on our capital could contribute 0.5c to the final divi.
    Last edited by precis: 26/06/24
 
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