Hey Adent,
My assumption is that the increase is due to a combination of one or more businesses/people that FBR are currently in talks with wanting to get in early.
1. The commencement of the 10 builds (announced as June/July) in which revenue per house will hopefully be established
2. Potential impending agreement with a developer/s or builder on the above and future projects for FBR Australia
3. Potential impending Agreement with Weinerberger similar to FBR Australia with BKW
3a. Potential agreement with an international builder/developer on future projects once BKW agreement has been finalized
I've been contemplating FBR's current situation and I am unsure how they can't inadvertently commit insider trading and/or impart confidential information to encourage these future deals with organizations when apparently, they are in a "rapid growth curve" towards commercialization.
If anyone has some insight into the above query, please let me know.
Hey Adent, My assumption is that the increase is due to a...
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Last
3.4¢ |
Change
-0.003(8.11%) |
Mkt cap ! $151.7M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.4¢ | $466.6K | 13.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2023190 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 285742 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| FBR (ASX) Chart |