Demergers are tricky things to see what happens in 3 months They have decided to do a pure gold play with FFX, and gold has not changed much in price. FFX still loosing money on their mining but there seems to be improvement Whereas LLL is a future play.
I understand that investors like pure plays more than combined, but my analysis said in the short term a single company would be worth the 2 separate ones. And having been through the DBO/AZL experience. Diablo DBO come out of Arizona AZL. AZL (lithium) charged ahead 80% and DBO (gold) went backwards 44%
I am not into Gold so may flick the FFX when the mining and gold diggers dust settles.
FFX Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held