FFX
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0.00% 20.0¢ firefinch limited

Ann: Notice of General Meeting - Leo Lithium Demerger, page-52

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  1. bigal36
    2,851 Posts.
    lightbulb Created with Sketch. 1312
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    29/04/22
    10:48
    Post #: 61095040
    Did my calculations too quick, this is the corrected numbers:

    Current MC FFX $1.14B (pre market open 29/4/22)
    LEO MC pre cap raise $738M
    So Net FFX Gold MC $402M
    But FFX retains 20% of LEO $147M so total FFX = $549M


    So if you hold 100,000 FFX you will end up with:
    100,000 FFX shares @55 cents
    71,428 LEO shares @ 70 cents

    Plus whatever additional LEO shares you apply for at 70 cents
    Last edited by bigal36: 29/04/22
    FFX Price at posting: $1.09 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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