FEX 2.60% 39.5¢ fenix resources ltd

"Fenix to commence a comprehensive business review to confirm...

  1. 398 Posts.
    lightbulb Created with Sketch. 51
    "Fenix to commence a comprehensive business review to confirm and optimise current operational strategy and evaluate synergistic growth opportunities."

    My guess is no dividends, preserve cash, focus on exploration opportunities. Rob likely forced out soon.

    Might be good for shareholders, plenty of cash in the bank and growth opportunities explored. More risk, but more upside.

 
watchlist Created with Sketch. Add FEX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.