FFX 0.00% 20.0¢ firefinch limited

LLL Demerger and Offer - Consolidated Thread, page-11

  1. 534 Posts.
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    As I always say common sense prevails guys...

    Now the news is out we should with basic math's understand what we are all entitled to and dates involved. If not plenty of comments to read and get a bigger picture.

    I have noted that people are being very dismissive of what FFX will be worth after the demerger. The only point I want to mention is that LLL will list at around 800m. Now going on the DFS and prices given in that that we will be well undervalued at the 800M MC. Even at a generous or realistic MC of 1.5B on the DFS given FFX will have 20% of that, in other words 300M. I think I'm right here.

    So this 400M MC of FFX i read must be wrong in my eyes and we are looking at at least a 700MC of FFX after demerger, and I think that's fair to lenient. So I'm hoping I'm right with about 60-65c SP of FFX after demerger.

    agree / disagree ???

    DYOR
 
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