That was back in August .. when i came to terms with the CR and wanted to be positive with Mike but the recent 10% dilution is a kick up .xxx for the larger holders ..
5% dilution plus a debt facility is what i was looking for .. but dilution specialist will not deter in diluting this more and more clearly .. we had 37m in cash plus 51m now ..
LLL is going to get 39m plus 91m (both USD) from Ganfeng plus IPO cash.. Did we really need to dilute FFX this much so close to the news? I understand the shareholders will benefit and what not but here we still stagnant again for who knows how long ..
I'm happy to wait for the next few months but how sure are you and others that we will be anywhere close the brokers targets of $1.10-$1.3 pre demerger? the more you dilute the further the target gets.. it seems.. aimo
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