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20.0¢ firefinch limited

Peer Valuation -> >$3, page-74

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MinerTrader

422 Posts.

721

30/05/22

17:16

Post #: 61709758
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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

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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
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