I think investors have had plenty of time to accumulate,
FBR have been consistently issuing announcements regarding the expansion to the US.
Deployment of United States Spec Hadrian X prioritised
FBR completes USA funding transaction with M & G
Why does the institutions get to take part in the capital raise over retail, well it all comes down to funding.
These institutional investors (especially cornerstone) have invested the lion share to keep FBR operational over the years.
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