"In the last 18 months, Fenix-Newhaul has hauled over 1.8 million wet metric tonnes(wmt), equivalent to approximately 1.72 million dry metric tonnes(dmt)."
$10 per tonne saving or equivalent of approximately $12m per year. Based on post issue shares of almost 600m that's an extra 2cps in eps.
What's not to like about that when you are trading at 30cents? Great use of $7.5m cash imo
Ann: Fenix acquires Mid-West haulage business, page-5
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37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $257.0M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.0¢ | $1.182M | 3.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 83075 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 105067 | 2 |
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| FEX (ASX) Chart |