Consolidation will no doubt help FBR, maybe not so much for the shareholders. It costs money to manage a share registry, imagine the near 4.5B shares FBR presently carries, if that were reduced to say 1B, administrative costs will without doubt come down. Also, if there was a minimum SP required to say dual list at a different stock exchange, consolidation helps attain that. For shareholders like I said, likely no benefit
Ann: FBR to utilise Liebherr facilities in the USA for Hadrian X, page-90
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $106.5M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.4¢ | $48.20K | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 6283980 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2977307 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |