FFX 0.00% 20.0¢ firefinch limited

NOT SO GOO: Dayumn, they still seem keen and confident of a full...

  1. 9,573 Posts.
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    NOT SO GOO:
    Dayumn, they still seem keen and confident of a full sale of FFX.
    Morilla still not finalised - Shareholder approval needed - What's the timeline to organise a meeting, 30 days? So another two months on this?
    The bidder sounds like the major creditor. If so they get to fail in bringing in equipment, and fulfilling their contract, then pick up the company for a couple of bucks? That's not going to go over too well.


    GOOD:

    If they are going to recommend an offer to buy FFX and it actually gets up, the longer it takes, surely the higher the LLL price goes. (DSO ann today)
    Slightly more detail in that they have a firm bidder for Morilla at least?
    Still got lots of the cash left
 
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