Need to ask yourself how often a consolidation improves shareholder value in small caps.
I've witnessed some absolute shizerhaus consolidation outcomes on the ASX ,
Just don't think it would benefit shareholders at this stage of the game, Mabey when sp is 50c
if you look at the pros and cons of a consolidation, you would have to ask how it would add value to FBR, i can't see it. maybe someone more knowledgeable can explain how this would add value.
My opinion
Ann: FBR to utilise Liebherr facilities in the USA for Hadrian X, page-89
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $142.1M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.4¢ | 3.0¢ | $443.3K | 13.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1719806 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1013372 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |