Icon has a market cap of $2B and FBR $200m (AUD). That means that FBR would be 15% of a merger and unable to acquire.
FBR would be better off if they could find someone with a better material technology, then they don't need Icon.
That said, perhaps they should just focus on laying blocks
FBR General Discussion, page-6566
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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 |
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| FBR (ASX) Chart |