This is not correct. I am all for voting no to show FBR they cannot just raise again easily without shareholder approval, however there is no conspiracy with Fidelity.
Fidelity have always been a long term shareholder of FBR, they have for a long time held about 10% of the company.
The capital raise was open to all sophisticated and institutional investors Bell Potter contacted.
Fidelity took 10% of the capital raise to maintain their proportional shareholding.
They are supporting FBR. they did it at 1c, the share price is now 0.6c.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $28.44M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $107.7K | 20.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 158 | 77287837 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 18963973 | 22 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| FBR (ASX) Chart |