FBR 5.41% 3.9¢ fbr ltd

Consolidate Share Register, page-12

  1. 231 Posts.
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    If they list on the US markets as mentioned in their plans, they need to meet a minimum price for listing. NASDAQ initial minimum is $ 5.00 per share which would require a massive reverse split to achieve or some type of ADR listing where one US share in FBR represents 5,000 Australian shares for example.

    Don't see it happening anytime soon.
 
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4.0¢ 2135947 7
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