You may have a justifiable point, however I would be far more concerned if there was 'silence' from the Company.
It's perhaps worth considering that their 'road haulage logistics' side is a relatively new aspect being showcased to potential 'bolt-on' local mining companies. That coupled with the rail freight, port storage and loading facilities is a compelling story and that (in my view) can be 'talked up' as much as the Company deems necessary.
Iron ore prices have been somewhat subdued over recent months, but any resurgence will add significantly to the Companies turnover (and the 'bolt-on Companies) and Fenix's share price will benefit from that. The potential re-rate from where we are now would be pretty much a certainty IMO.
Just my thoughts.
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Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $183.7M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.0¢ | $103.5K | 409.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 438943 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 112499 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 438943 | 0.250 |
7 | 285027 | 0.245 |
27 | 757276 | 0.240 |
8 | 359148 | 0.235 |
12 | 416963 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 112499 | 2 |
0.260 | 175491 | 4 |
0.265 | 265265 | 7 |
0.270 | 169610 | 5 |
0.275 | 255000 | 5 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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