Yield is great, hard to justify exposure though, irrespective of the 12 month hedge, given the volatility of the IO price.
Single asset company with a shrinking commodity price, its a punt on whether FEX will pay enough back in divvies over next 12-18 months to justify a position.
Genuine gamble on IO price, great story so far though.
Ann: Dividend/Distribution - FEX, page-56
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 (20min delay)
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Last
26.0¢ |
Change
-0.035(11.9%) |
Mkt cap ! $187.3M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 25.5¢ | $1.997M | 7.454M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 456492 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 444908 | 6 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |