FBR 2.63% 3.7¢ fbr ltd

Ann: Trading Halt, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,243 Posts.
    lightbulb Created with Sketch. 479
    OK wiki to the rescue. Judging from the OTC market price. The SP is 18C now. Basically, think western union for money transfer. While the ASX is like the RBA/big 4. 

    https://en.wikipedia.org/wiki/Over-the-counter_(finance)

    Contracts[edit]

    An over-the-counter is a bilateral contract in which two parties (or their brokers or bankers as intermediaries) agree on how a particular trade or agreement is to be settled in the future. It is usually from an investment bank to its clients directly. Forwards and swaps are prime examples of such contracts. It is mostly done online or by telephone. For derivatives, these agreements are usually governed by an International Swaps and Derivatives Association agreement. This segment of the OTC market is occasionally referred to as the "Fourth Market." Critics have labelled the OTC market as the "dark market" because prices are often unpublished and unregulated.[1]

    Over-the-counter derivatives are especially important for hedging risk in that they can be used to create a "perfect hedge." With exchange traded contracts, standardization does not allow for as much flexibility to hedge risk because the contract is a one-size-fits-all instrument. With OTC derivatives, though, a firm can tailor the contract specifications to best suit its risk exposure.[6]

 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $178.5M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $186.5K 4.861M

Buyers (Bids)

No. Vol. Price($)
54 7399229 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 178324 6
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.