Consolidation will no doubt help FBR, maybe not so much for the shareholders. It costs money to manage a share registry, imagine the near 4.5B shares FBR presently carries, if that were reduced to say 1B, administrative costs will without doubt come down. Also, if there was a minimum SP required to say dual list at a different stock exchange, consolidation helps attain that. For shareholders like I said, likely no benefit
Ann: FBR to utilise Liebherr facilities in the USA for Hadrian X, page-90
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $186.8M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.8¢ | $130.0K | 3.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1731312 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 14002 | 1 |
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| Last trade - 15.55pm 03/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |