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FRE firebrick pharma limited

3.33%

6.2¢

15c is a bit of a joke...I was on a long drive the other day and...

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Titans19

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01/05/23

09:59

Post #: 67538619
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Originally posted by Teddyward: ↑

25% discount or larger if you take a weighted price for a longer period is a bit of a kick in the guts for shareholders
If it was just to hold over until R & D refund it doesn't quite add up as you can borrow against pending R & D return at a lower rate IMO than discount applied to issue
Yes it is cheaper , quicker to do a insto issue and theoretically less damage to share price to knock it over quickly and get it out of way.
Good side is they have cash and that is the real point.
I hope that in the future managmenet respect small holders and in an issue offer them a suitable discount or option so they may have some leverage on the possible sucess .

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15c is a bit of a joke...

I was on a long drive the other day and was ponding if I would be able to get a few investors to offer a placement for 4m @ 25c as they would be needing money soon.... I guess I should have contacted FRE and floated the idea earlier.

What price do you think FRE will drop to?

FRE Price at posting: 20.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 6.2¢		Change 0.002(3.33%)		Mkt cap ! $13.92M

Open	High	Low	Value	Volume
6.5¢	6.6¢	6.2¢	$2.572K	40.90K

Buyers (Bids)

No.	Vol.	Price($)
1	6000	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	1716	1

View Market Depth

No.	Vol.	Price($)
1	6000	0.061
3	217685	0.060
3	50000	0.059
1	80000	0.058
1	100000	0.057

Price($)	Vol.	No.
0.069	1716	1
0.080	47101	2
0.088	5758	2
0.090	100	1
0.091	948112	2

Last trade - 13.19pm 27/06/2025 (20 minute delay)

FRE (ASX) Chart

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