FEX 1.64% 31.0¢ fenix resources ltd

Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-61

  1. 1,084 Posts.
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    To those that are new to the story - it’s extremely straightforward. John, who’s a rugby player, became Chairman of this company in the middle of November of 2021.

    From that point, until today, try and see for yourselves what he’s supposedly done (LoL). What he’s spent shareholders money on and ROI has that provided SH’s. He’s not needed to take a single cent out of his pocket to be given 10,000,000 shares and yet, he receives dividend payments on them.

    If what any of you new to this story believe what he’s contributed thus far to the company (LoL) warrants that, then GL to you as shareholders but as J9 points out correctly - John ‘the rugby player’ Wellborn hasn’t managed to do anything “big for ages”!
 
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