FFX 0.00% 20.0¢ firefinch limited

LLL Demerger and Offer - Consolidated Thread, page-202

  1. 3,992 Posts.
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    I sincerely hope you're right, however it is not the way the Prospectus reads.

    We get priority for the first $10m then it's "in agreement with the Joint Lead Arrangers"
    Some how I think they'll put their own interests first.

    I'm trying to get some clarification from the company as to what happens after the 1st $10m and how they would scale back surplus applications.
    The last thing I want is to apply for say $50k only to have it scaled back to $20k when I could have used that tied up $30k to buy FFX on market and get the in specie distribution.


    https://hotcopper.com.au/data/attachments/4355/4355164-f8e5a3a2690015c289e2c5e1e9967a86.jpg
    https://hotcopper.com.au/data/attachments/4355/4355167-d097b550ffbb7a200e1eba8a7ec734e1.jpg
 
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