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0.00% 12.0¢ firefly resources limited

Ann: Planned Demerger And IPO - Non-Core Oakover Manganese Asset, page-7

  1. user17
    55 Posts.
    lightbulb Created with Sketch. 19
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    18/12/20
    15:24
    Post #: 49686379
    25M shares to be distributed to FFR shareholders. FFR has 299M shares on issue today. 299/25 = 11.96 hence the 1 for 12 distribution.
    FFR Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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