FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Successfully Completes A$100m Placement, page-152

  1. 535 Posts.
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    When the demerger happens LLL will be a completely standalone company as will FFX.

    End of day FFX needs money for Morilla to move forward. The more it has sunk in with me, the 100M placement the more it was a wise move. As after demerger FFX alone would have to raise alone, obviously we all know they used LLL as the bait for the raise. Where after the demerger LLL should have no issue at all with a CR short term.

    I'm still pissed with the lying of no more CR (as i brought more at 76c) and that does make me not trust MIke and will be more astute with announcements here in. But please all remember he gave all holders a chance to buy in at 58c which does leave a little credit for him especially as the 100M was at 67c.

    Guessing it will be quite now till new year with all the stock churning over and then once that eases up we should all see a bloom in the new year before the demerger.

 
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