FFX firefinch limited
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Long time lurker, first time posterSo for every FFX share, we...

  1. bungbro
    11 Posts.
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    29/04/22
    12:54
    Post #: 61100592
    Long time lurker, first time poster

    So for every FFX share, we are getting 1.4LLL, which is 1.4*$0.7=$0.98 on listing.
    Market is pricing gold at $1.1-$0.98=$0.12

    Assuming FFX drops to 40c-70c after the record date

    Unless my maths is off at these current prices its better off not participating in the rights issue and just buying FFX outright now?
    FFX Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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