I think from today's action, and the action on the news release day, many in the market knew a deal was coming, and also thought it would solve FBR's immediate future cap raise issues. Very difficult to keep everything secret.
Also never a bad tactic to buy the dip and sell on a liquidity event.
Ann: Quarterly Activities Report, page-23
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 (20min delay)
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $215.5M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.5¢ | 4.2¢ | $148.4K | 3.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1488242 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 855970 | 7 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |