My guess the gold asset might be sold this month, then go ahead with selling Leo shares. I think most shareholders want shares to be distributed, but large shareholders like Gold ETFs must be the ones wanting liquid, thus they voted in favour of director reelection. I wonder what price the board thinks it’s in the best interest of the shareholders? At least matching Ganfeng’s 81c/share?
All imo.
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held