Most of the deals so far have required very little up front payments. We are in a strong position to increase IO exports and build profits and cash through both this and our logistics infrastructure. If the IO price holds up more the better for the bottom line. One thing I've noticed is we've been holding cash around the $60 million mark. If we can get net cash flow to improve on this over the remainder of FY 2024, the extra cash could represent a firm pointer to an increased dividend on last years. 12.5c of divis since October 2021 on a 25c share is pretty remarkable.
FEX ASX Is CEO Fenix Resources John Wellborn the Oakajee Port Master?, page-6
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $218.8M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 31.0¢ | $151.6K | 487.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5800 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 723370 | 18 |
View Market Depth
| Last trade - 15.57pm 16/05/2024 (20 minute delay) ? |
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Last
31.3¢ |
Change
0.005 ( 2.46 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 31.3¢ | 31.0¢ | 196503 | ||
| Last updated 15.30pm 16/05/2024 ? | |||||
| FEX (ASX) Chart |