It is pleasing, that the Board has taken shareholder communications in their considerations for the best possible outcome and maximum return from this debacle. Giving that, it was prudent the Board will retain the LLL shares and pass on the tranche 2 payment (if any) as a dividend to Firefinch shareholders.
My estimate, given FFX are holding A$55m, and obviously are going to retain some.
Using A$50m as what will be returned;
50,000,000 / 1,181,243,221 = $0.0423 per FFX share held.
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