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0.00% 20.0¢ firefinch limited

sorry can some one clarify this statement:Indicative...

  1. mystikal
    1,692 Posts.
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    13/12/21
    10:48
    Post #: 58251314
    sorry can some one clarify this statement:

    Indicative Participation in the proposed Leo Lithium Entitlement Offer ($10 million) to maintain Firefinch's pro-rata interest in Leo Lithium following the planned demerger.

    Does that mean the proceeds will now fund the initial $10m SPP offer prior to this announcement and their will no longer be a pre IPO SPP for LLL because of it?
    FFX Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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