I’m also somewhat disappointed but I kinda get why now and not later.
With many commenting here how selling some FFX to fund LLL raise post demerger is a strategy, what is the likely effect on FFX’s sp and later ability to raise?
If I were in charge I would be thinking maybe futureproof FFX while the lithium is running hot, then raise again for LLL because the sector is on fire and will be for some time yet.
For those bemoaning no debt , careful what you wish for, its the worst kind of dilution possible at this point.
And maybe we were the victims here of a predatory capital environment, imagine how we would be treated with debt?
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