Yes their prior reports had price targets over 40c. All their reports are available at the Fenix website
https://fenixresources.com.au/category/research/
IMO the falling SP is correlated to the IO price and probably more so to the third party contracts with CUFE & Gold valley who at sub US$100 are probably looking at C&M.
Price of Iron Ore, page-1764
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25.0¢ |
Change
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Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.5¢ | $37.11K | 148.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38038 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 96582 | 1 |
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