"outlined plans for a strategic review process that involved inviting suitable bidders to submit proposals to the Company that are designed to deliver compelling value and liquidity to the Company’s shareholders".
They had 10 days before Christmas, all of January and February and 3 weeks in March.
It would be common knowledge in the mining industry what FFX had and if they didn't know all they had to do was read our company announcements. "It was the deal of the century".
So why the delay? Another day another $. I don't think they have any suitable bidders. They will keep milking it. "The Board will update shareholders in Q2 CY23".
FFX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
