FEX 2.04% 24.0¢ fenix resources ltd

Ann: Dividend/Distribution - FEX, page-56

  1. 1,573 Posts.
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    Yield is great, hard to justify exposure though, irrespective of the 12 month hedge, given the volatility of the IO price.

    Single asset company with a shrinking commodity price, its a punt on whether FEX will pay enough back in divvies over next 12-18 months to justify a position.

    Genuine gamble on IO price, great story so far though.
 
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