Ann: Application for quotation of securities - FBR, page-25

  1. 2,094 Posts.
    lightbulb Created with Sketch. 565
    I agree with most of what you are saying except, 5 Billion shares is just a number.
    I think you will find most investors have no idea how many shares are on offer.
    The market cap says everything you need to know.
    You can cut theoretically cut a pizza into 5 Billion "shares" or 5 shares and the pizza is no bigger or smaller.
    It is actually foolish to care how many shares there are.

    The HX is capable of building a house in a day or close to it.
    We know the houses are being built to code.
    Therefore, using deductive reasoning, one must assume that the cause for any delay sits with the readiness of the slabs/contracts or some other exogenous factor.

    While some worry about the short term, and attempt to trade around every little bip in price, I will just sit here holding onto my shares. I don't have any need for the money rite now and if I am rite about the success of FBR in the future, it would be crazy for me to care about anything other than fighting my basic instinct to take a profit and sit and wait for the real life changing gains.

    On the short term, for entertainment purposes only, today is looking like it is going to be a good day. By the look of it we have a very large excess demand over supply of FBR shares ATM. I wonder where today will end.

    Investing is risky, etc etc. This is not investment advice, etc. etc. DYOR, etc etc.
 
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(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $28.44M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $15.15K 2.854M

Buyers (Bids)

No. Vol. Price($)
109 46990566 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 30714650 46
View Market Depth
Last trade - 12.38pm 25/06/2025 (20 minute delay) ?
FBR (ASX) Chart
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