At 94c - 1/1.4 × 94 = 67c per LLL shareIt is cheaper to purchase...

At 94c - 1/1.4 × 94 = 67c per LLL share

It is cheaper to purchase Leo on market assuming post-demerger FFX holds it value. Of course, the money doesn't go towards funding Leo and you end up with less LLL shares which have the greater upside. It's tough, I've already applied for my entitlement and sent some extra cash for the shortfall (if any), but I'll definitely snap up some extra FFX on market if it doesn't rebound.