I kind of agree that it's a long process and not sure if it will...

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bball

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20/01/23

15:37

Post #: 65798703
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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.

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I kind of agree that it's a long process and not sure if it will drag it on further and paying these muppets for longer, if we all agree then Im in with 1.8m!

FFX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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