yes it is always a chance, personally, I don’t think that investors will take the bait, since late 2020/early 2021, they have raised 272 million and sold something like 143 million in gold, now they are down to their last 40 million and the silence is deafening, I really can’t see any good coming, if they do go into administration and have debts exceeding assets then the liquidators may at their discretion start clawing back previously offloaded assets this means it may put Leo under a lot of pressure, the escrowed shares currently won’t realise 90 million, they may be able to be released to the liquidators and a fire sale would take place, this certainly is showing signs of extreme mismanagement at best
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
