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0.00% 12.0¢ firefly resources limited

Ann: Trading Halt, page-130

  1. DoubleL
    944 Posts.
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    23/06/21
    14:12
    Post #: 54017200
    GCY is 32c now and if we value FFR shares at .34% of GCY I value FFR shares at 10.88c.

    FFR is currently trading at 11.5c so based on that we have a small premium of 5.39% in FFR’s favour going into a merger.

    Very small now and quite disappointing but with time I’m sure we will see greater value for shareholders.

    DYOR
    FFR Price at posting: 11.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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