FEX 3.64% 28.5¢ fenix resources ltd

Yes the share price seems to be lagging a bit. Previous high was...

  1. 1,461 Posts.
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    Yes the share price seems to be lagging a bit. Previous high was 38.5c based on $237 IO (62%) and we are back up to $220 now so would think we should be trading at an easy 35c or higher. And that is not taking into account all the extra $$$ we actually have made in the mean time.

    Obviously the market still doesn't believe IO prices can stay this high even for the medium term and it is simply ignoring the $$ made this quarter, and probably will keep doing so until closer to the quarterly report. Once that comes close it will slowly be accounted for I suspect with possibly an other uptick on the actual report.

    Either way any down side is melting away rapidly!

    Only a disaster scenario should lead to a loss over the next 6, 12 or 18 months I would think.
 
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28.5¢
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Mkt cap ! $205.3M
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27.5¢ 28.5¢ 26.5¢ $944.0K 3.391M

Buyers (Bids)

No. Vol. Price($)
1 10 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 194608 3
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
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