FBR 4.17% 2.5¢ fbr ltd

Do you think they should do a really big capital raising of 60...

  1. 290 Posts.
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    Do you think they should do a really big capital raising of 60 to 100 million? It shouldn't deflate the price too much as it would de-risk it so much and speed up the return, I think they should start building end customer houses right now to fully proof commercial viability. Any capital raising should be protected with restrictions on spending etc without shareholder approval and very detailed figures i.e how much each plane ticket will cost. Either way I would not mind buying at 1c either given how far it has already dropped. The recent strength in the price above the SPP shows interest.
 
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2.5¢
Change
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Mkt cap ! $111.0M
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2.4¢ 2.5¢ 2.3¢ $67.83K 2.822M

Buyers (Bids)

No. Vol. Price($)
3 654859 2.4¢
 

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Price($) Vol. No.
2.5¢ 3252002 18
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