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20.0¢ firefinch limited

As if the board pulled the cap raise without being tapped on the...

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chrisman

991 Posts.

191

15/05/24

09:01

Post #: 73827687
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Originally posted by fooca ↑

I totally agree businesses go belly up all the time, the deplorable behaviour was the action of the board to take the "assumed advice" and run with it.

Their lack of disclosure to shareholders on what actions (if any" they took other than telling the government they were stopping funding and putting the mine up for sale.

The government were 20% co-owners of the mine, did they try and work a solution with government?

Businesses going to the wall call in administrators to work a solution etc.
The governments actions were deplorable as well in stopping sale.

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As if the board pulled the cap raise without being tapped on the shoulder by major shareholders lol.

Shareholders were not going to give that board another $100m to waste at Morila.

Last edited by chrisman: 15/05/24

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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