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

First 47 Last

Share
Profile

Follow
Pharrell13

1,809 Posts.

685

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

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing