FFX 0.00% 20.0¢ firefinch limited

Ann: Presentation -A$47M Equity Raising to Drive Ramp-up atMorila, page-161

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    I understand that, but do you think MA would have done this all by himself without the approval of the rest of the board? This would have been a collective decision and if this is backed by AC and/or BB, then I'm all for it.

    As for your Euroz questions, no one knows right now, since they are probably still counting the numbers, but as @radioactive mentioned "there is a very healthy proportion of overseas resource funds that have participated in this raise through Macquarie", and he/she had info on this CR before anyone, whilst another poster yesterday that they've been adviced by their Macquarie broker to "don't worry be happy".

    Just don't forget Euroz is only 1 of a few instos involved, for all we know, they could have got the smallest slice of the pie. As for Macquarie, they hosted the data-room, they know what FFX+SpinCo & GF deal is worth, and they might not be dumping until a more "fair value" is achieved.

    Lastly, refer to @optimistic punter's last post, it isn't too hard to reach out via email to get a peace of mind if one is impatient, or else just wait until the next webinar that will most likely discuss the CR.
 
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