I agree with Red Barron's post in general discussion on page 25 explains the cost of the priority issue = 3.4cents per FFX share (again this is not the issue price of LEO)
Tax is not payable for a year or so and the funds would have to come from somewhere to pay for the priority issue. Would you leave cash sitting in the bank account for over a year? I wouldn't but then again my risk profile is different to others.
FFX Price at posting:
86.5¢ Sentiment: Buy Disclosure: Held
