- Joined
- 3 May 2019
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You can say that again for Frock sakes, might as well move to Tassie and talk to meselfMuch closer to fruition now.
Nice looking chart l
You can say that again for Frock sakes, might as well move to Tassie and talk to meselfMuch closer to fruition now.
Nice looking chart l
that would seem to be the case...... and can't even move the Lithium play. Have to enjoy the chutzpahFFX was heavily spruiked by Long Capital recently. Thought it an opportune time to sell into the new money at the new high.
Firefinch’s lithium spin-off Leo Lithium had its brokers rounding up bids for up to $44 million in the IPO’s shortfall auction on Thursday afternoon. The brokers were offering Leo Lithium shares at 70¢ a pop, and bids were due 4pm Thursday. Leo Lithium would house Firefinch’s Goulamina project in Western Africa’s Mali. It has been looking to raise $50 million to $100 million via the IPO.
Initial plans were for an $80 million pro-rata offer (one Leo Lithium share for every 10.33 Firefinch shares), with the leftover stock going into a shortfall auction - both at 70¢ a share. Thursday afternoon’s $44 million shortfall auction indicates existing Firefinch investors only took up $36 million of the $80 million worth of shares that was offered to them.
and this looks like a big hole to dig out of. Going to be bloody when it reopens. .... 20c to (?) 6c or even lower. A sorry state for earlier investors
Starting to ask the question, is it going to reopen... been a looooong time.and this looks like a big hole to dig out of. Going to be bloody when it reopens. .... 20c to (?) 6c or even lower. A sorry state for earlier investors
Starting to ask the question, is it going to reopen... been a looooong time.
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