FEX 1.85% 26.5¢ fenix resources ltd

The IO market has changed a lot in the last 6 weeks. They are...

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  1. 237 Posts.
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    The IO market has changed a lot in the last 6 weeks. They are keeping their powder dry to pick up distressed assets. I have been in FEX since they first started production abs their position from day 1 was to buy assets at the right price, in boom times they’d pay out dividends. If you want a regular dividend you’re at the wrong end of the market (and in the wrong sector TBH), go buy CBA and Westpac and get your regular dividend.
 
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