FFX
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0.00% 20.0¢ firefinch limited

Peer Valuation -> >$3, page-68

  1. petere
    1,604 Posts.
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    30/05/22
    16:58
    Post #: 61709335
    When they set the pro-rata entitlement price for LLL at $0.70 they stated they used a valuation metric of 35% FFX and 65% LLL, when FFX was trading at $0.96.

    As such you could expect a drop of +/- 65% on Friday when FFX trades ex-LLL.
    Last edited by petere: 30/05/22
    FFX Price at posting: $1.10 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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