OK.....so to be eligible for the in-specie shares, you need to be a registered FFX holder by the 5th of May.
The record date of how many FFX shares you own, and thus how many LLL shares you will receive is the 6th of June.
The distribution and issue of those LLL shares is the 9th of June.
BUT.....Between the 5th of May and the 6th of June, if you sell your FFX shares, you don't get any LLL shares.
ALTHOUGH.....and the way I see it.....you could be issued your LLL shares by the 9th of June and sell your FFX shares up until the 16th of June when LLL commences trading on the ASX, therefore, taking the chance to buy more LLL shares at whatever price they trade for after opening.
