FBR 0.00% 2.4¢ fbr ltd

Performance Milestones 10m revenue, page-16

  1. 350 Posts.
    lightbulb Created with Sketch. 249
    Hey Ykymf,

    The description of the Class C Performance Shares are:

    166,666,666 performance shares upon achievement by the company of the reported annual revenue in a financial year from operations (excluding grant receipts and other income) of at least $10,000,000. If unconverted, Class C Performance Shares will expire after 60 months.

    The closing date of the prospectus offer was Late September 2015 and the re-quotation on the ASX was Mid-October 2015.

    I'm unsure whether it's 60months from Late September or Mid October 2015. I personally don't care enough but it might be worthwhile if someone contacts FBR to seek clarification on the exact expiration date of the Class C Performance Shares.

    Or @Armsofanangel, do you know the exact date given that you benefit from them achieving this?
    Last edited by Burlzey: 30/08/20
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $106.5M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $115.8K 4.835M

Buyers (Bids)

No. Vol. Price($)
27 6564428 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 565145 2
View Market Depth
Last trade - 15.49pm 24/06/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.