Fenix Resources Limited (ASX:FEX – Free Report) insider Garry Plowright bought 6,035,504 shares of the business’s stock in a transaction on Thursday, June 29th. The stock was bought at an average price of A$0.28 ($0.18) per share, for a total transaction of A$1,659,763.60 ($1,106,509.07). Fenix Resources Price Performance The company has a quick ratio of […]
Fenix Resources managing director shows faith in company with early exercise of options
Robert Brierley has exercised 2 million unlisted options exercisable at $0.08 each and due to expire on November 21, 2021, with a total value of $160,000. The company has notched up a strong June quarter of iron ore production and sales.
Fenix Resources Ltd (ASX:FEX) managing director Robert Brierley is the latest director to demonstrate his confidence in the company’s iron ore production growth plan with the early exercising of options.
On July 16 Brierley exercised 2 million unlisted options exercisable at $0.08 each and due to expire on November 21, 2021, with a total value of $160,000.