Not sure it's about talking themselves up. FEX has been flying under the radar, makes money (some might say lots), returns it to SHs through dividends) albeit a little less last time around (still >7% pa ATM), has increased inventory to grow the business and is looking to diversify, yet the SP stagnates.
Just have to look at any of the major annoucements and the TUs received, they pale into comparison with even some of the penny stocks on HC threads that make no money, and have billions of shares on issue.
I guess it's a function of the current investment environment where risk & gambling dominate ASX investor capital.
IO is not a sexy commodity but makes good money if you can control costs. Perhaps one day soon, FEX might get (in JW's words) "a step change"?
AIMO
Not sure it's about talking themselves up. FEX has been flying...
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $218.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.0¢ | $917.3K | 2.947M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 136720 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 30000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FEX (ASX) Chart |