Just doing some maths myself as well.
And it seems like there will be a certain point where it would make sense to buy FFX on-market to obtain more LLL for <$0.70 a share (obviously including selling the FFX after record date).
Which makes me wonder if the big boys are shorting FFX to push the price down to make retail investors go the on-market route, which will leave more shortfall for themselves?
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Just doing some maths myself as well.And it seems like there...
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