FEX - Have an open trade on pending div Ann (company has already confirmed a 50-80% distribution policy) based on $49M NPAT - translating to a 10-20% dividend at a .30 SP. Hedging provides some security for IO volatility. No debt, banking bulk cash at these prices. Div Ann (due in the next 2 weeks I believe) or IO stability could see a run for income, target 0.35.![]()
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