FEX 1.56% 31.5¢ fenix resources ltd

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  1. 1,043 Posts.
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    I have send the following message to Fenix and would encourage other with similar views to do the same. From past experience, with contacting junior miners/explorers I have always been surprised with how responsive they can be and how impactful direct communication can be.

    https://fenixresources.com.au/contact-us/

    Hi, I am writing to comment on the current approach on announcements to the market. While I can appreciate the approach on minimal announcements, I believe it hurts shareholder value in the short and medium term. As a junior miner, my believe is that Fenix should give more attention to building up confidence with investors by giving assurances in regards to operational continuity and monthly outputs. Updating investors on a more regular basis on issues such as monthly production, shipping, payments etc, would go a long way in incrementally building up confidence, rather than relying on quarterly results announcements. I appreciate that it takes time and effort to prepare these announcements but strongly believe that it would have a positive impact on the share price and could compound the effect of a positive quarterly if upwards momentum was started in the share price prior to the next quarterly release. Regards, ...


 
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Last
31.5¢
Change
-0.005(1.56%)
Mkt cap ! $218.8M
Open High Low Value Volume
32.0¢ 32.0¢ 31.0¢ $184.0K 581.7K

Buyers (Bids)

No. Vol. Price($)
7 158934 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 8616 1
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
-0.005 ( 1.56 %)
Open High Low Volume
32.0¢ 32.0¢ 31.5¢ 388999
Last updated 15.22pm 21/05/2024 ?
FEX (ASX) Chart
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