Australia's largest stock trading and investment forum Australia's #1 stock forum

FFX

Click for more information

0.00%

20.0¢ firefinch limited

Peer Valuation -> >$3, page-74

First 74 Last

Share
Profile

Follow
MinerTrader

422 Posts.

721

30/05/22

17:16

Post #: 61709758
Share

Originally posted by Bhan: ↑

yeh it is to be expected, currently though it has been rebuilding to a point where a 30% drop may only take us back to what we where a few weeks back, the problem is those who are going to sell on the opening day of LLL will most likely get a nice whack of capital gains tax, I wont be selling for this reason, i will already be paying some to date this year and I don't have any stocks i want to take a loss on at the moment, close but not till next year, I'm just going to look at it as a cumulative total of FFX and LLL if one going up and the other is going down they should offset each other, and if the overall amount of money in my portfolio is higher i don't really care,
so if I have 100K FFX @ $1.10 then $110K
when we get 70000 LLL shares at 70c say then $49K
so realistically FFX could fall to 61c, just my musings happy to be shown to be wrong

Expand

This is correct (I have done a breakdown here: https://hotcopper.com.au/threads/why-i-didnt-buy-lll-but-did-buy-more-ffx.6769416/) however I would not be surprised if it trades higher then $0.61 given other demerger companies I have reviewed.

FFX Price at posting: $1.10 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

There are more pages in this discussion • 3 more messages in this thread...

First 74 Last

Add FFX (ASX) to my watchlist