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12/05/22
09:59
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Originally posted by GARETH78:
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I have to disagree based on current SP. What happens in the next 10 days is quite important. Current Macro environment is certainly not playing in our favour currently. Entitlement offer closes on 25th May and shortfall a further 2 days later. The SP around these dates is vital for a good uptake, otherwise there is going to be one hell of a shortfall. The “cum in specie distribution” is 16 trading days away and after that FFX trades a further 9 days before LLL trades so there is a long way to go until the FFX / LLL SP split is fully known. So I think it may be best to temper expectations, as a lot can happen in the next 24 trading days. I note some say the list price for LLL is 70c, well that’s the price we can buy additional for, the price it lists on the 16th June we may get a little idea on the 3rd June and the on the day Itself. Added a few more yesterday at 85.5c Cheers GLTAH
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I had a small order in at 85c and although it got there, I didn't get my order fulfilled. THat's happened a couple of days in a row now. Hit the share price, but no fulfilment.