FEX 3.70% 28.0¢ fenix resources ltd

Ann: Fenix acquires Mid-West haulage business, page-74

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  1. 4,942 Posts.
    lightbulb Created with Sketch. 759
    Still a good return Jenkstar,
    I'm thinking it will be higher at around the 0.075 - 0.080 mark off the back of lower C1 costs and the australian $ dropping.

    The cash component paid to mitchel will come out of the pretax $$$ held on the company balance sheet, so the fully franked dividend component shouldn't be affected.

    I'm looking forward to the dividend.

    Rooks
 
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