My thoughts,
Spend 16k on FFX @ 1.20= 13,333
13333 FFX=
9523 free Leo
Sell FFX @$1.20 during sell off after June 3rd
$16000 in cash
9523 Leo shares
Buy $16000 worth of Leo shares at $1 when lists on ASX.
25523 total Leo shares vs
$16000 spent on Leo entitlement = 22857 Leo share
Happy to be corrected.
Lots of variables involved, but I think achievable with the right timing.
LLL Demerger and Offer - Consolidated Thread, page-51
-
- There are more pages in this discussion • 197 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)