With FEX soon to be awash with cash, I’m keen to hear what company will do with it.
some options:
- Return some to shareholders by way of dividend
- Aquire new projects in the Iron Ridge jurisdiction
- Perhaps even consider acquiring or entering into JV project(s) in an entirely new jurisdiction where FEX mine startup and development acumen could be put to excellent use (think Africa, where a number of projects have apparently stalled).
What are posters’ thoughts?
What should FEX do with all their cash
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $211.8M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.5¢ | $1.208M | 4.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 517334 | 9 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
30.5¢ |
Change
0.015 ( 7.02 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 30.5¢ | 29.0¢ | 638441 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| FEX (ASX) Chart |