FFX 0.00% 20.0¢ firefinch limited

General discussion, page-8353

  1. 4,180 Posts.
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    From the Fin Review this morning

    The 19.99% for those that don't know is the maximum you can go to without making a full takeover bid.

    I think it's fair to assume SQM have invested to lock in offtake as opposed to just thinking it's a good investment.

    Now why wouldn't someone want FFX's 17.6% of Leo, pick up another 2.3% on market, especially as the Gold mine seems to be going quite well without FFX (always said it wasn't rocket science), so the risk of creditors making claims is reducing.

    M&A seems to be increasing and the year has only just started


    https://hotcopper.com.au/data/attachments/4960/4960163-f897c295e916232d20b2330597746d05.jpg
 
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