If I was a brickmaker, or a builder, and saw the SAT and then demos, I'd be looking to buyout.
FBR market cap is only $AUD 200M. Look at Brickworks, $4.4B ... the American CRH $80B, DR Horton (DHI) $60B, these in US dollars.
FBR is currently small change!
To just buy FBR and not worry about JVs, partnering, exclusivity etc, I'd do that!
And even in a recession, housing still needs to be built
FBR General Discussion, page-6599
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.6¢ | $314.3K | 8.515M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 4409705 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 565262 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FBR (ASX) Chart |