Ahhh, so there is the dilution having an impact. Looks like FIL have been selling down FBR.
We wont see substantial increases in SP at least until FIL have finished exiting.
I assume it can take a long time to get rid of 130 million shares.
Maybe that is why the second strike didn't happen. FIL didn't have enough shares left for a second strike.
Question.
Why is FBR only telling the market the day after the AGM?
Is there a disclosure time for this sort of info?
Ann: Change in substantial holding, page-3
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $30.22K | 1.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2149681 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 3141381 | 17 |
View Market Depth
| Last trade - 15.30pm 27/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |