FEX 3.57% 29.0¢ fenix resources ltd

Thank you for that. Sometimes links do not work for me. Whether...

  1. 425 Posts.
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    Thank you for that. Sometimes links do not work for me. Whether it is software or national internet restrictions (PRC).

    I think the idea is if Fenix was treated as a near blue chip type of stock then the share price would be around 50 plus cents a share.

    Fenix is treated currently by the maket as having its last profitable financial year and then valued at current equipment and property value. Hence this is why we move only between 20 to 35 cents in the last 2 years.

    If perception of FEX changes and the market treats the company as a less risky stock then we will see us getting closer to that book price they are saying the company is worth.

    Personally I feel fairly comfident to buy another parcel of shares in a few months time at prices below 27 cents. If IO goes up well beyond todays price then of course that number will be where i am willing to buy in will be higher.

 
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Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $201.4M
Open High Low Value Volume
28.0¢ 29.0¢ 28.0¢ $139.0K 488.3K

Buyers (Bids)

No. Vol. Price($)
4 243669 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 320181 15
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
28.8¢
  Change
0.010 ( 1.77 %)
Open High Low Volume
28.3¢ 28.8¢ 28.0¢ 152817
Last updated 15.58pm 03/05/2024 ?
FEX (ASX) Chart
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