FBR 0.00% 4.8¢ fbr ltd

BW putting in $1.9 million is a positive announcement...but $1.9...

  1. 3,372 Posts.
    lightbulb Created with Sketch. 690
    BW putting in $1.9 million is a positive announcement...but $1.9 million isn't a lot of money.

    Consider....
    You would would only be able to to buy 2 houses in Sydney or Melbourne with $1.9 million.
    So in reality, $1.9 million doesn't get you much.
    More than likely this $1.9 million is to ensure that BW still gets to get its way with any voting decisions.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.