Yeah, it was a bit of a surprise, that the share price rebounded. Maybe the excitement that we all felt in the build, is starting to perculate the market. There are many reasons
1. 16M capital raise completed, in current CV19 market conditions.
2. The HX is now proven tech.
3. Multiple builds coming up, including a commercial build.
4.Prospect of JV's with multiple large entities both local and international, WB, KSA, GP and others.
5. Continuous improvements Hx 109.
6. R&D Tax cheque next month.
7. Building new machines shortly for commercialisation.
8. FBR will be shortly hiring for the builds.
Hopefully the share price will never drop again below again 5c.
My two cents
B.
Ann: FBR completes $16 million placement, page-56
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4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $210.7M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.5¢ | 4.3¢ | $361.2K | 8.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2272093 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 1559834 | 1 |
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