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
Need to ask yourself how often a consolidation improves...
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Last
2.4¢ |
Change
-0.002(6.00%) |
Mkt cap ! $106.5M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $80.03K | 3.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5953345 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 398564 | 2 |
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| Last trade - 15.42pm 20/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |