I was just responding to soup41 mentioning 26-30c as a range that would not be acceptable that only the lithium acmsset may go for that range. It wasn't based on serious valuation. An attempt at a tpngue-in-cheek - obviously not a good job by myself. The reality is ffx will not be taken over. However, by itselfel the lithium asset will attract interest or even a divestment of the assets. Either that or management needs to start focusing on attracting specific talent to maximize each asset. On the positive side, some short term relief with the sp stabilizing at the anticipated 17 5 with volume drying up. The article below describes the current tax scenario. The next few days will have an update abd the suppirt at these levels is extremely promising. However, what we need to ascertain is whether this is short term or not.
FFX Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held