FFX 0.00% 20.0¢ firefinch limited

Ann: Intention to Demerge Goulamina Lithium Project, page-151

  1. 1,541 Posts.
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    Well its insanely undervalued + its offering free shares into a lithium future giant.

    don't get caught in intra-day bear traps... saw it at around 27c back to 24c was a masterpiece

    Go figure.
    Last edited by HealthPro777: 09/02/21
  2. 11,393 Posts.
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    it may well be say a 1:10 offering in the new entity.

    i think the 1:1 was about % EQUITY offering, aka... if you own 1% of FFX then you'll also own 1% of FFS Lithium etc...

    they may well list with only 80m SOI instead of the 800 SOI that FFX have.

    this is what GRL did when split from ARL.
 
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