Almost makes you wonder if it is all to plan. BKW and M&G own 27%. M&G sold a fair bit to BKW in the 20% accumulation. There is always that pesky problem of having to do CRs, and all the disclosure issues that come with a listed entity.
FBR runs from this time last year at 1.8c to 5.5c in 3 months with about the most supportive non-takeover I have seen. BKW get 20% and then absolutely nothing about the new machine except it is working and M&G get a special raise for 3 more machines at 3.3c.
Pivacs, BKW, M&G, senior management and FIL would own over 50% of FBR, this doesn’t seem like many people that have to get into a room to sort something out an offer from BKW, new private entity or whoever.
If this new machine is as good as they say it is, I cannot see how FBR makes it without a BKW scrip bid or a new private entity scooping it up. The tax losses alone would be a big part of any takeover.
mid the new machine is no good then at least BKW and M&G dusted their cash as well. I hold as I think there is a fair bit of news to come and doesn’t seem like a good time to sell.
- Forums
- ASX - By Stock
- FBR
- Concerns
Concerns, page-16
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $186.8M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.8¢ | $405.2K | 10.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 3436326 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 54334 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3157380 | 0.038 |
22 | 2931400 | 0.037 |
11 | 2659777 | 0.036 |
16 | 2156599 | 0.035 |
12 | 2054843 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 3052573 | 9 |
0.041 | 120000 | 1 |
0.042 | 1680000 | 8 |
0.043 | 898599 | 3 |
0.044 | 797848 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |