FEX 2.17% 22.5¢ fenix resources ltd

15.8% fully franked divy

  1. 840 Posts.
    lightbulb Created with Sketch. 60
    Even based on a price of .315c a .05c divy still represents a 15% yield plus franking.

    That's still bloody good in my opinion for about 10 days work. (Ex date)

    They appear to be a very conservative bunch.
    Paid out divy at the lower % level they previously mentioned
    Hedged a good portion of their production a good prices going forward
    Eagerly awaiting their next corporate update.

    What's not to like in my opinion ?

    DYOR
 
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