FFX 0.00% 20.0¢ firefinch limited

Best Interests of Shareholders Discussion, page-2

  1. 704 Posts.
    lightbulb Created with Sketch. 512
    Given the situation us FFX holders are in from this "investment of the century" requires yet another capital raise, Option 1 cannot be considered surely. I fear another $90m could be burned, especially with an ASIC of approx $1,500. Option 1 also greatly dilutes current FFX shareholders equity in the escrowed LLL shares. Option 1 is a strong No for me.

    Option 2 all day please; Just wind FFX up, pay debts from existing cash balances or have a small raise to finalise debts and return all LLL shares to existing FFX shareholders.

    Simple
    Last edited by cassidav: 21/09/22
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

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