think fenix sp dropped prior because it halted its dividend, they knew this was coming up. but they have said look for other add ons.
still fenix is more advance then us and have good revenue, low cost, well that looks low as long as iron oreprice holds up. annoying in report that they like many other switch between $US and $AU, then we have to work it out, but in this case margins look ok. just. other companies do it to make it look ok, but in fact they created a loss.
feel like others, seems a bit well planned in favour of them, trading value .98 or .75 etc, likley as has beenthe case in many a deal they will extend acceptance period. but at this stage what better deal could be had, i'm annoyed that we had over 100mil on the table, and creasy settles for under $60 mmmmm?!
CZR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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