If they list on the US markets as mentioned in their plans, they need to meet a minimum price for listing. NASDAQ initial minimum is $ 5.00 per share which would require a massive reverse split to achieve or some type of ADR listing where one US share in FBR represents 5,000 Australian shares for example.
Don't see it happening anytime soon.
If they list on the US markets as mentioned in their plans, they...
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $142.1M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.4¢ | 3.0¢ | $443.3K | 13.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1719806 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1013372 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |