FEX 2.50% 39.0¢ fenix resources ltd

Ann: Becoming a substantial holder from MGX, page-33

  1. 1,084 Posts.
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    You and me both. Totally agree. Just waiting on the next few weeks to see what the divi announcement will be before deciding to dump.

    Whether the SP holds up or not in the interim means little if there’s no confidence in management moving forward. And given he’s continually giving our money away for negative ROI, it’s hard to be convinced the company profits won’t crumble even if the IOP doesn’t start to fall, as it typically does over the back end of the year.

 
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