FEX 1.79% 27.5¢ fenix resources ltd

I think all the hedging agreements in place reduces the swing...

  1. 1,127 Posts.
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    I think all the hedging agreements in place reduces the swing created by IOP. If IOPs climb above the $120 mark as we head towards July then I can see FEX SP climbing to around 30c in anticipation of a 5-6c divi in September.

    Other than that, I have put this part of my portfolio in the “steady boring pile” as little is going on to get anyone excited imo. Maybe JW will surprise me with a great deal but recent history isn’t pointing me in that direction.

    Roll on to the next dividend is all I am looking forward to.
 
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