FFX 0.00% 20.0¢ firefinch limited

Great point Bucko. I would jump at 20c a share for a number of...

  1. 12 Posts.
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    Great point Bucko. I would jump at 20c a share for a number of reasons:

    1. Liquidity - I get to access my money, at a loss, but get to decide what to do with it
    2. LLL shares - based on your 100K shares summary (which is exactly where I stand), 17500 LLL shares at today’s price of $1.14 would cost you $19950 plus brokerage, so a break even point. Plus, you get a tax loss if you paid more than 20c a share for your FFX
    3. If you have traded using leveraged funds, as I have, you are also forking out interest for an inactive investment, which is more dead money.

    So, in my opinion only, and not advice, no one loses at 20c a share while LLL is halted. And maybe, just maybe, LLL has escaped some of the hammering that the Lithium market has seen recent purely because they haven’t been trading.

    GLTAH, Pogologolops

 
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