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
Ann: Notice of General Meeting - Leo Lithium Demerger, page-52
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)