The wording revolved around distributing the divvy as far as it could be fully franked. Some have calculated this at 3 to 5c per share, which should be fully franked. So that is around 4.3c to 7.1c before tax.
To me thats pretty darn solid so 100k shares is likely to generate $4300 to $7100 in income. Got $300,000 then you can invest it here and get $45,000 to $75,000 per half year in income.
Key Highlights
• Unaudited sales revenue of $113 million
• Unaudited net profit before tax of $62 million
• Unaudited headline net profit after tax (“NPAT”) of $49 million
The Directors are also pleased to announce the adoption of a dividend policy which provides that, to
the extent that dividends can be fully franked, Fenix will distribute between 50% and 80% of after tax earnings to shareholders in the form of dividends, either annually or semi-annually.”
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Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M |
Open | High | Low | Value | Volume |
38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 38158 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 0.390 |
5 | 60279 | 0.385 |
11 | 210912 | 0.380 |
5 | 99400 | 0.375 |
7 | 175115 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 38158 | 3 |
0.400 | 752220 | 23 |
0.405 | 91000 | 3 |
0.410 | 185000 | 6 |
0.415 | 101500 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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