Australia's largest stock trading and investment forum Australia's #1 stock forum

FFX

Click for more information

0.00%

20.0¢ firefinch limited

Nobody is going to ask them that question. It's #2.

First 4 Last

Share
Profile

Follow
thurston4pm

915 Posts.

217

29/04/22

11:56

Post #: 61098265
Share

Originally posted by JSB007: ↑

Hi all, i won't be able to make this and i haven't had a chance to read all the announcements in full.

If someone reads this and they are on the call can you ask the following -

Which scenario will play out -

1) ~800mil shares will be taken from FFX and placed into LLL as part of the in-specie distribution, i.e. effectively reducing the share registry size of FFX.

This means if you have 100,000 shares in FFX currently, after demerger you will have 70k shares in LLL and 30k shares in FFX based on the 1 to 1.4 distribution.

or

2) FFX share registry will remain the same - no impact.

If you have 100k shares in FFX currently, after demerger you will still have 100k in FFX, and 70k new shares in LL based on the 1 to 1.4 distribution.

Thank you in advance.

Expand

Nobody is going to ask them that question. It's #2.

FFX Price at posting: $1.11 Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

Finance school vs reality: What they don't teach you about the stock market

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 18 more messages in this thread...

First 4 Last

Add FFX (ASX) to my watchlist