$8M is a lot of shares at $0.20 per share.
Also, and more importantly.
CAT is more enormous than you can imagine. Tyres for CAT trucks cost $50k-$100k per tyre.
CAT could buy every single share and option in FBR with the small change they find down the back of the couch.
Caterpilar influence i share price, page-6
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $758.0K | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1613913 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 581561 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |