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

FFX firefinch limited

0.00%

20.0¢

They would be my thoughts alsoSide note: Did Michael Anderson...

First 122 Last

Share
Profile

Follow
random555

217 Posts.

19

24/04/24

18:28

Post #: 73503662
Share

Originally posted by fooca: ↑

I posted some thoughts/information on AVZ thread .....
https://hotcopper.com.au/threads/locke-funding-almost-certainly-dead-in-the-water-if-news-article-is-correct.7948303/page-2#post-73443200

As I inferred, the ASX is an operating extension for the purpose of providing a ready and instant platform for a shareholder to have the ability to buy/sell shares in a company.

The ASX Listing Rules are underpinned by relevant sections of the Corporations Act 2001 (cth)
ie: ASX Listing Rule 3.1 Continuous Disclosure is under pinned by Sections 675 & 677 of the Corporations Act

Unless FFX utilise the tax credits / offsets that would be available for a Company to "back door list" using FFX as the vehicle to being listed, then (IMO) once the Company is delisted any remaining assets will be distributed back to shareholders (as per the frequent undertaking to do so) after any liabilities / creditors have been settled.

Once all assets have been distributed, the Company will liquidate and be no more .. .. ..

cheers

always happy to be corrected.. .. .. ..

Expand

They would be my thoughts also

Side note: Did Michael Anderson get moved on from Forrestina.

id love to hear what happened there - but I can have a pretty good guess.

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

SYR

Syrah finally back at it in Mozambique after Balama site access restored

RML

Resolution Minerals charges further into antimony space with Horse Heaven acquisition

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

PIQ

Proteomics notches up as company launches PromarkerD into the US

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

EMC

Everest Metals approved to join US defence consortium as rubidium play

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

First 122 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

They would be my thoughts alsoSide note: Did Michael Anderson...

Top Stories

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Syrah finally back at it in Mozambique after Balama site access restored

Resolution Minerals charges further into antimony space with Horse Heaven acquisition

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Proteomics notches up as company launches PromarkerD into the US

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Everest Metals approved to join US defence consortium as rubidium play

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Featured News