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26.5¢ fenix resources ltd

FEX Valuation, page-252

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JamieCm

58 Posts.

1

06/08/21

14:51

Post #: 55089295
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Originally posted by redned71: ↑

g’day all.

remember that a poster who traded through previous cycles highs and lows, advised that these junior producers traded at 0.5-1.5 x cash. I can’t remember who it was. If you see this, I’d appreciate your advice on whether those juniors were paying divs or not?

as I’ve said before, I think we’ll continue to track IO price. We need some step out drilling and drilling on JV to find & prove up lots more tons to give us a longer LOM and hopefully increase in output. Although I suspect port constraints, may impact that.
divs have been clearly indicated. So we won’t know their impact on SP until they actually happen.

I’m holding plenty, but probably should have been trading one one as we go up and down.

cheers,
ned.

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In your experience how do dividends tend to effect share price? I've never owned a stock which has transitioned into paying dividends. Thank you

FEX Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 26.5¢		Change 0.000(0.00%)		Mkt cap ! $190.9M

Open	High	Low	Value	Volume
27.0¢	27.0¢	26.0¢	$515.0K	1.957M

Buyers (Bids)

No.	Vol.	Price($)
5	263116	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	98584	1

View Market Depth

No.	Vol.	Price($)
4	253116	0.260
9	504546	0.255
27	557216	0.250
9	406278	0.245
17	689028	0.240

Price($)	Vol.	No.
0.265	98584	1
0.270	225576	4
0.275	204013	1
0.280	200000	5
0.285	248613	6

Last trade - 16.10pm 07/10/2024 (20 minute delay)

FEX (ASX) Chart