FEX 2.50% 39.0¢ fenix resources ltd

Ann: Quarterly Activities Report, page-46

  1. 7,527 Posts.
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    Muppet,
    Working on 200m market cap and roughly 700 million shares a 3 cent dividend would cost 21m and 4 cents 28m.

    Depending on the needs for further purchases a four cent dividend should be realistic with currently over $60 m cash.
 
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