FEX 1.79% 28.5¢ fenix resources ltd

That's a 51% payout (of their 50-80% guidance), so they...

  1. 4,998 Posts.
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    That's a 51% payout (of their 50-80% guidance), so they have retained some funds for other purposes. FMG paid 80% by comparison, so I wouldn't attribute it to IO price concerns. Looking forward to reading more about how FEX intends to improve the companies value proposition with the funds retained.

    A great result for FEX holders.
 
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