Need to ask yourself how often a consolidation improves shareholder value in small caps.
I've witnessed some absolute shizerhaus consolidation outcomes on the ASX ,
Just don't think it would benefit shareholders at this stage of the game, Mabey when sp is 50c
if you look at the pros and cons of a consolidation, you would have to ask how it would add value to FBR, i can't see it. maybe someone more knowledgeable can explain how this would add value.
My opinion
Ann: FBR to utilise Liebherr facilities in the USA for Hadrian X, page-89
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $205.2M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.5¢ | $182.1K | 3.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 757221 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 526869 | 6 |
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| Last trade - 12.24pm 29/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |