FEX paying 5.25c 100% franked dividend

  1. 5.1k
    Posts

    Lovely surprise this morning waking up to FEX trading at only @ 29c coming out declaring a fully franked 5.25c dividend !!!

    Yes you read & heard that right 5.25c fully franked dividend is insane as super impressive indeed

    Well done to FEX management !!!

    1 like
  2. 5.1k
    Posts

    to claim dividend just register at:

    https://investor.automic.com.au

    as straight forward to do/complete etc.

    1 like
  3. 5.1k
    Posts

    FEX @ 0.32c +10.34% still "cheap as chips" on big volume/momentum turnover.. noting goes ex-dividend next Monday 20th September.

    P.S. Allowing for franking credits at tax time gives 20%+ overall yield :) :)

    2 likes
  4. 5.1k
    Posts

    FEX gone ex-dividend today.. huge "open gap" left up @ 0.295c from last Friday that sooner or later needs to get closed (gaps usually always close) imo dyor

    1 like
  5. 5.1k
    Posts

    FEX nice bounce @ 0.235c +11.9% noting huge 'open gap' to 0.295c after going ex-dividend on 20/09

    Their 45% iron ore hedging @ $230/tonne commences October '21 with one of the big 5 banks (guessing it's Macquarie rumour has it)

    1 like
  6. 78.7k
    Posts

    Amazon pledge billions for NZ data centres

    https://thebull.com.au/amazon-pledge-billions-for-nz-data-centres/

    must be using SSD harddrives

    NZ has regular seismic activity

    Adern must have promised them cheap ( 'Green' ) power

    all that nice data so easy for China to acquire access to

    1 like
  7. 5.1k
    Posts

    Macquarie is bullish on all local iron ore producers it covers, with “outperform” ratings.

    The broker says its optimism is based on predictions the iron ore price will rebound in 2022.

    “Despite the recent drop in iron ore prices, we note port iron ore prices (which are at $US20 a tonne premium to index prices) remained resilient,”

    https://www.copyright link/wealth/personal-finance/buying-opportunities-await-in-iron-ore-20210922-p58toi

    *Fin review article

    2 likes
  8. 5.1k
    Posts

    FEX ticking up nicely @ 0.235c +4.44% and with patience am still eyeing that "open gap" to 0.295c

    Awaiting next Quarterly report due on 20th October

    https://www.marketindex.com.au/asx/fex

    Cheers tela :)

    1 like
  9. 5.1k
    Posts

    Iron Ore shot up +10% overnight should fuel FEX share price to crack 0.24c+ imo dyor

    1 like
  10. 5.1k
    Posts

    Excellent Quarterly released by FEX as now trading @ 0.265c +12.77% ka-ching $$ :)

    Likely to fill "open price gap" @ 0.295c on chart DYOR

    2 likes
  11. 5.1k
    Posts

    https://www. afr .com/companies/mining/bhp-iron-ore-output-slumps-20211018-p59120

    Further news confirming the "big boys" aren’t increasing iron ore supply any time soon.

    Reckon that iron ore prices likely to rebound strongly next year after the Winter Olympics in February '22 imo

    2 likes
Your browser is too old for TopStocks and not secure. Please update your browser