FBR 4.35% 2.4¢ fbr ltd

Ann: Change in substantial holding from BKW, page-14

  1. 2,929 Posts.
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    I don't think so.
    My hope is that when they do a capital raising, they get Weinerberger to buy close to the 15%. From here, the SP should keep climbing. If they can get the SP to 10 cents before letting WBR buy 15%, the 15% would equate to somewhere around $45m raised. This means that they can be fully funded for another 2 years and get some 110's built and start some real money coming in and some real contracts.
 
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