Loom at Droneshield. Has gone from $0.2 to $1.4 with a peak of over $2.6 ... Shares on issue ~600 million. Market cap over $1B.
No one is saying FBR is going to those levels, there is 10x the shares on offer. But if FBR signs the JV, has sales somewhat equivalent and is producing income who is to say it can't be valued the same ... hence a share price of order $0.2 might be what it can achieve ...
Concentrate on the market capitalisation if it achieves its goal is what I am doing
FBR General Discussion, page-8237
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $217.0M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.4¢ | $471.1K | 10.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1504528 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 858437 | 5 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FBR (ASX) Chart |