After todays announcements, I think it’s highly doubtful anyone will buy FFX while still holding the Morila shares.
I doubt the BOD intention has ever been that TBH.
The Tresdstone “process” could well be a ruse to buy an asset off a mate at over inflated price, and get the company to re trade.
They won’t need shareholder approval to buy an asset in my view. In fact they could even do a CR to mates and issue another 180m shares without shareholder approval.
If we trade again it is highly unlikely the LLL escrow will ever be distributed to FFX holders.
There would be a company name change at some point.
The BOD will just hope enough FFX holders sell up and the merry go round of fees and freebies continues.
Quite depressing I know, but closer to the possible outcome than many would like to believe.
