Also for many Lithium centric FFX buyers, are deleveraging exposure to Africa.
Many FFX/lithium buyers also are invested in the other African lithium player in suspension so many would be spooked about soveriegn risk, especially if they are heavily invested in both.
As for tax treatment, lets face facts many didn't even know when the demerger was, or even if a demerger was occuring lol
Also if one is heavily invested (basically all in) on one or two African miners like I am reading in HC, CGT would be an after thought.
FFX Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held