Felix look to have enough on their plate with the development of Moolarben over the next two years.
Selling coal is difficult now and if nothing improves by 2011 then the company may only sell about 7mtpa of coal against a target of 13mtpa. If profitability falls about 40% then profits may only come in at half expected levels, and the dividend may only be held around 50c - 60c for the next 4 years.
Stock is still probably cheap on this basis, yield fully franked 8%-9%.
Felix look to have enough on their plate with the development of...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11262 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 15366 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| FLX (ASX) Chart |
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