It's cheap for a good reason, the most sensible method will lead to an SP or 2.3c for FBR, because the market is pricing it that way.
In terms of future scale or growth, it's too much uncertainty, if this US trial prove to be successful and contracts followed (say, 10+ units ordered), I think it will open some of the discussions as you suggested (probability of success, scale of potential market).
But if this US trip ends up in lackluster ending, FBR SP will stay low for another 2-3 years.
It's cheap for a good reason, the most sensible method will lead...
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $182.0M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $33.11K | 849.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 995760 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 140000 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |