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20.0¢ firefinch limited

well, if it makes you feel any better, my account is down over...

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Grendel4

257 Posts.

23

03/06/22

14:59

Post #: 61806490
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Originally posted by LambSauce: ↑

@BargainSally
Thanks for spending the time to write that. I think the main issue I’m having trouble with at the moment is the idea that we’re getting a discount on LLL shares when in reality, that comes at the cost of losing 65% of our FFX value. I understand that the value of my LLL shares will add to my total holdings when the time comes, but my ~$55k of FFX is now only worth $17,000, so I’d need LLL to list at $1 minimum to return to where I was yesterday and by the sounds of it, $1 listing is very wishful thinking. The point is, this really didn’t end up being the ‘deal’ that everyone was leading me to believe it was, and this is my own fault. I guess I’m just a little disappointed in myself for not double checking what people were saying. I just figured a demerger would almost guarantee *at least* retaining your current value post-demerger.

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well, if it makes you feel any better, my account is down over $150K today...but i knew this was gonna happen.

i can understand that those with higher buy ins are going to be a bit more nervous but perhaps you should do what im going do.....just not look for 2 weeks

FFX Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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