Australia's largest stock trading and investment forum Australia's #1 stock forum

FFX

Click for more information

0.00%

20.0¢ firefinch limited

I think something like this will happen. But the dive in the...

First 143 Last

Share
Profile

Follow
invertedva

8,248 Posts.

2835

13/07/22

08:38

Post #: 62506969
Share
Originally posted by Cranium73: ↑

Maybe a solution could be:
Lift suspension for 1 day of trading. This will allow those who have given up hope to sell and drive the SP into the ground.
Resume suspension to allow current BOD time for dealing with regulators/clearance and production issues.
Lift suspension again for 1 day of trading with abovementioned sellers frozen out.... surely not unfair given sentiment.
Get on with business.

The investigations can then continue in the background and those advocating class actions and the like can go down that path.

ps I'll be hanging around for point 3

Do I realise this can't happen?... of course!!! But surely an interesting and provocative proposal??

Good luck to us all.

Expand

I think something like this will happen. But the dive in the share price will allow equity to be issued to insiders at obscenely low prices, diluting existing shareholders to buggery.
In this scenario, I think you won't come out smiling, unless you are willing to contribute a lot more cash to whoever is running the company by then.
FFX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 6 more messages in this thread...

First 143 Last

Add FFX (ASX) to my watchlist