FEX 0.00% 31.5¢ fenix resources ltd

Ann: Fenix acquires Mid-West haulage business, page-148

  1. 619 Posts.
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    I do think upside and downside risk has increased though because clearly there are bigger plans. But I'm willing to roll the dice and collect dividends along the way.

    The iron ore price has started a rising trend (look for yourselves don't take my word) so if I was going to sell I wouldn't do it now with pending dividend and rising iron ore prices.

    They have said countless times the dividend policy is 50 to 80% of npat so why does everyone suddenly think that won't happen. They've never even hinted it won't happen. You're getting in your heads lol.

 
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