FFX 0.00% 20.0¢ firefinch limited

Ann: Audit update, page-84

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  1. 9,729 Posts.
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    Agree Fooca is completely wrong on someone buying FFX being in breach of the LLL escrow. An absurd intepretation. But anyways...

    If someone wants to buy FFX - there are thousands of reasons why it not being a traded stock on the ASX doesn't matter. And only one where it does - the buyer wants it listed. Far more likely it becomes a fully owned subsidiary of another company (listed or not) that uses it to channel sales through to take advantage of the accumulated tax losses. PLS would make a great buyer - obvious huge upside in the LLL holding - same industry - and IDK they could route their tantalum sales or somesuch through the FFX structure. Win-win for them.

    Anyways not long to go.
 
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Currently unlisted public company.

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