Well, the share price response has been underwhelming to say the least given the news. I was expecting a lot more. If as stated above potential future revenues are 600 million (and yes, I know that's a wild aspiration at the high end,) and accounting for the massive float, that puts the current price at about 3 to 4 times future earnings ? If my math is off please forgive me, our football playoffs are on and I've had a few beverages.
Ann: FBR successfully completes institutional placement, page-19
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.3¢ | $110.7K | 4.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 7238380 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 692096 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |