FFX
Click for more information
0.00% 20.0¢ firefinch limited

I don't understand why the new company can't have 800m shares or...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. koparoma
    657 Posts.
    lightbulb Created with Sketch. 199
    clock Created with Sketch.
    30/04/21
    12:33
    Post #: 52843856
    I don't understand why the new company can't have 800m shares or 1.6 billion shares or...any number that is convenient...??

    Free pro-rata shares are free shares. Any partner wanting equity will have to apply for new shares at a fair price.

    It just affects the price of those shares in the market after they are listed.

    FFX Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS What each US election outcome would mean for Australian companies & investors
right-arrow Created with Sketch.
NEWS Westpac records 3% fall in net profit for FY24
right-arrow Created with Sketch.
NEWS Patronus receives mining approval for Fountain Head
right-arrow Created with Sketch.
NEWS Check out the latest ASX news here!
right-arrow Created with Sketch.
NEWS Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now
right-arrow Created with Sketch.
NEWS 29Metals greenlit to release more water from flooded Capricorn mine this wet season
right-arrow Created with Sketch.
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.