May I ask, genuinely, what is your position? ; Either go with...

  1. 4,880 Posts.
    lightbulb Created with Sketch. 521
    May I ask, genuinely, what is your position? ;

    Either go with the incumbent board and their current proposal re Selling FFX,

    Or the new proposed board and their current plan to (probably) wind up FFX after the escrow shares have been distributed next year, ?

    The main reason i ask is that before Christmas last, and probably into the new year, i thought that a deal to sell FFX would be a good idea. Then I'd have my capital back albeit probably at a loss - but at least i could then throw most of it into LLL etc.

    But as time went on, it became apparent that very possibly no deal to sell FFX would ultimately be a good return for FFX share holders, since (as i have already posted) , say a deal was done and the sell price (aside from FFX cash on hand) was say $1.50 per LLL share, then that would very likely be at a loss by say this Christmas when the LLL share price is likely to exceed $2 a share.

    And further, If a deal was done at $1.50 - then the LLL share price would very likely to go to that price straight way...etc etc

    Do you see where i am coming from?
 
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.

Currently unlisted public company.

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