If you are so concerned about a dividend, it beggars belief why you are still invested in Fenix. Numerous Fe stocks offer a dividend every year, this chairman is not going anywhere for a long time, the company has continuously told holders that they are on a growth path, and the overwhelming majority of holders are very happy with the strategy going forward.
What purpose do you think it serves you to continue to hold in a company that may not pay a dividend in the short to medium term when yield is so important to you?
Unless, of course, you believe that while you appear to be wholly focussed on dividends, you (like most of us) see that you will end up making more money with JW's growth strategy than by him giving you 2c here and there?
I would also ask you why the SP matters to you when you weren't going to sell anyway? You don't get any dividend (declared or not) when you don't own the shares, so what difference does a 40c SP or a 28c SP make to you?
FEX Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
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