FBM 6.25% 3.0¢ future battery minerals limited

Why would management ignore existing shareholders and dilute...

  1. 171 Posts.
    lightbulb Created with Sketch. 1
    Why would management ignore existing shareholders and dilute their holdings for potential traders.
    Is there any wisdom in this action?
    Am I missing something?
 
watchlist Created with Sketch. Add FBM (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.002(6.25%)
Mkt cap ! $19.86M
Open High Low Value Volume
3.3¢ 3.3¢ 3.0¢ $76.65K 2.450M

Buyers (Bids)

No. Vol. Price($)
2 169500 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 145842 1
View Market Depth
Last trade - 15.34pm 05/07/2024 (20 minute delay) ?
FBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.