If you didn't want to ride the rollercoaster you shouldn't have purchased a ticket.
Is it a 'massive' loss? You know what LLL will trade at when it lists?
LLL shares are estimated to trade at 70c, depending on the lithium sentiment at the time it could very possibly be much higher then that. Similarly it could be less- probably a better chance it will trade higher but time will tell.
FFX will stabilize, hopefully around 60c once the next results are issued in which case you have profited if LLL trades at list price.
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