FFX 0.00% 20.0¢ firefinch limited

rough estimates for next cap raise, page-16

  1. 2,674 Posts.
    lightbulb Created with Sketch. 2524
    i think the broker meeting is too suss out the interest, but by the sounds of the article, seats were filling fast...

    I personally think it will be a placement to sophisticated investors/instos at a premium...

    we are looking at lines on the buy/sell in multimillions... I think by the time we do our next raising, it will be multihundred thousands, hence the premium I think will be made as there wont be that many cheap shares on offer at low prices.

    its always prudent to raise not when desparate, otherwise u run the risk of the market draining your SP to lows when everyone knows that a company is on their knees...

    We are definitely not in this situation.
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.