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
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $347.8K | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 240502 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 155900 | 5 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |