There'll be a few strategically timed announcements after the demerger (IMO) that will support the share price and grow interest in both FFX and LLL.
0.70 for LLL is a super bargain low starting point that will be left rapidly behind, and 0.56 for FFX if that's where we land also won't stay that way for long. Even accounting for rising costs and sovereign risk, there is considerable value to be realised by buying/holding and buying more if you can/if it fits with your portfolio. I thought that I had enough until recently, but got some more at 0.84.
I'm happy to keep holding both post de-merger and don't think the share price can be held down much longer. Expecting more burning shorts next week.
FFX Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
