Australia's largest stock trading and investment forum Australia's #1 stock forum

FEX

Click for more information

1.64%

31.0¢ fenix resources ltd

Absolutely love this post and couldnt agree more.

First 66 Last

Share
Profile

Follow
RobertoQ

1,194 Posts.

112

24/05/23

18:46

Post #: 67945247
Share

Originally posted by huabamane: ↑

Without having read this whole thread, as someone who has stuck around this the start, it somewhat baffles me that there is so much focus on the future of the company. I have only ever viewed - and management has at times even hinted at - this company as a vehicle to unlock the value in the current project.
If Fenix is afterwards wound up, assets sold off and capital returned to shareholders, I would be perfectly happy with this outcome.

In fact, I would prefer this certainty over a frantic search for, and likely over expenditure for a suitable project for acquisition. It would move the company from a somewhat predictable, albeit dependent on the IO price, producer to a greenfield or brown field explorer / developer with a significantly different risk profile.

I say we milk the cow for as long as we can and then sell it to the butcher.

Expand

Absolutely love this post and couldnt agree more.

FEX Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

First 66 Last

Add FEX (ASX) to my watchlist

(20min delay)
Last 31.0¢		Change 0.005(1.64%)		Mkt cap ! $211.8M

Open	High	Low	Value	Volume
30.5¢	31.0¢	30.5¢	$19.42K	63.48K

Buyers (Bids)

No.	Vol.	Price($)
8	252847	30.5¢

Sellers (Offers)

Price($)	Vol.	No.
31.0¢	292859	7

View Market Depth

No.	Vol.	Price($)
8	252847	0.305
11	395330	0.300
3	197000	0.295
1	3448	0.290
6	476523	0.285

Price($)	Vol.	No.
0.310	292859	7
0.315	383371	13
0.320	1265492	23
0.325	496355	10
0.330	249465	3

Last trade - 15.59pm 15/05/2024 (20 minute delay)


Last 30.5¢			Change 0.005 ( 2.37 %)
Open	High		Low	Volume
31.0¢	31.0¢		30.5¢	92603
Last updated 15.58pm 15/05/2024 ?

FEX (ASX) Chart

SPONSORED BY