FFR 0.00% 12.0¢ firefly resources limited

With respect...."something like 1 GCY share for every 8 FFR...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,356 Posts.
    lightbulb Created with Sketch. 797
    With respect...."something like 1 GCY share for every 8 FFR shares"....to recap....GCY were trading at 37c, FFR at 10c...so you're advocating for every 37c of their script you'd put up 80c of your own? FFR shareholders take a 50% bath on a script merger where GCY are the suitor? That would be a first. Either your maths is wayward, you're a GCY plant here to down ramp FFR or you're a nutter! 1 for 4 would almost be a nil premium merger but I'd be very surprised (and disappointed) if that was the outcome. I certainly wouldn't vote for it.

 
watchlist Created with Sketch. Add FFR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.