Investor sentiments are in general "conservative" here. Versus the US. This is why if you look at the market caps in the ASX300 you see mainly banks in the top 10. Also, people like to buy more and more houses, the median house prices in Sydney for example is like 1.2mil at the moment. Might have dropped a little now, but I can't be bothered checking. As you can imagine, people keep buying houses, and the banks keeps reaping in more and more cash forming a loop back.
FBR did try to get a loan, but as a "collateral" they used their RnD cash back at 12%? from memory. I'm not sure what sort of condition a US based speccy could get?
But yah, in general Australian investors in general are "conservative", and don't really like to "punt" on shares so to speak. Even if they do, it'll be mainly with the banks.
FBR General Discussion, page-2902
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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 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |