249D Post your shares if support. Read the first post before replying!!!, page-47

First 47 Last

Share
Profile

Follow
Pharrell13

1,674 Posts.

621

20/01/23

13:11

Post #: 65794813
Share

Originally posted by Aptayl: ↑

Really 249D???

So FFX already wound down to skeleton staff.

The stated objective is to return current cash to Shareholders.
With a consultant looking at ways to monetize the LEO shares if the price is right to allow the business to wind up and all funds returned to the owners, with a stated timeline to complete by end of March.

Not sure what you think you are going to achieve, apart from reminding the market that the shareholders of FFX, the same ones that predominately own LEO are trigger happy and will turn the business upside down if they are not happy.

The timeline for this will exceed beyond end of March, and from memory resolutions during the meeting require significant majority to turf board members.

Suggest you possibly consider giving Scott a call and talking to him directly for an update on how we are progressing, he may allay your concerns.

The 249d process is not an easy process or ringing all the holders to get the required support to get resolutions passed, not to mention finding someone you trust to take the business to the conclusion you want, that's if you can get a consensus on the way forward.

Count me out.

Expand

Skeleton staff?? Have they?? Where were those figures exactly/that announcement??

I believe this initial tally gathering is in preparation should management continue the radio silence & taking the piss after the scheduled March announcement.

As of now ALL we should be paying for is a part time MD, a West Perth bus shelter to keep him out of the sun & the odd latte to lift his spirits (I am not a total animal).

Last edited by Pharrell13: 20/01/23

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
26 Upvote

0 Great analysis

Reply

Top Stories

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

NWH

NRW Holdings voted Wealth Within's hot stock tip

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

There are more pages in this discussion • 117 more messages in this thread...

First 47 Last

Add FFX (ASX) to my watchlist

249D Post your shares if support. Read the first post before replying!!!, page-47

Top Stories

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

NRW Holdings voted Wealth Within's hot stock tip

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

Featured News