Can someone please tell me what’s going on?, page-44

First 44 Last

Share
Profile

Follow
abu

6,672 Posts.

220

12/06/25

12:20

Post #: 79405704
Share

Originally posted by Empty Nose ↑

Comment seems totally wrong.
comprehension.
remember in English class at the government school CAMPus when 99.99 couldn't correctly comprehend the comprehension test.

seems like FFX is looking to make 3 distributions not 1:
"historic" cash on hand plus tranche 1
tranche 2 if any; and
LLL shares

not stated in announcement, but is subject to timing of receiving second RULING request.
*ruling, as in ruling over slaves.

"Distribution of Firefinch Cash to Shareholders
Firefinch will arrange for payment of most of the Tranche 1 LLL distribution and historic cash balance
as soon as practicable following the ATO’s determination on the Second Ruling Request. Firefinch and
its advisors remain in regular and direct contact with the ATO.
LLL Tranche 2 Disbursement
LLL has told shareholders in LLL’s announcement of 12 May 2025 that any decision on the return of
Tranche 2 funds would be made in connection with the M&A activity it is currently undertaking. If no
opportunities are significantly progressed by Q3 2025, LLL has committed that the Tranche 2 funds
would be returned to LLL shareholders in the second half of calendar year 2025.
At that time, Firefinch may be required to submit a further Ruling Request to determine the tax
treatment of distributing that money to shareholders."

Expand

.

Yep...

... a big dump

.

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

THL

Today's top gainer stock isn't an energy player. Here's what's going on

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

First 44 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Can someone please tell me what’s going on?, page-44

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Today's top gainer stock isn't an energy player. Here's what's going on

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

Featured News