FFX 0.00% 20.0¢ firefinch limited

Ann: Notice of General Meeting - Leo Lithium Demerger, page-32

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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 32 Posts.
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    Great to see that the demerger is finally ready to go.

    There is a lot to read/unpack however the following is what I take from a quick first glance (happy to be corrected).

    - 1x LLL share for every 1.4x FFX shares held, record date the 6th of June

    - LLL entitlement offer, 1x LLL available for every 10.33 FFX held, record date 5th May

    - Example of currently owning 100,000 FFX:

    o Eligible to purchase 9,681 LLL shares in the CR at ~$0.70 per share

    o Demerger will provide you with 71,422 LLL shares
 
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Currently unlisted public company.

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