Other than CRH having option to walk away anytime including things other than fbr meeting milestones adding over 400 mill shares with probability of doing it again increasing by percent I can understand why we are bearish.
For a specialities stock looking for large reward we now need to be over 4.5 bill market cap for that dollar share and likely over 5 bill by this time next year.
I absolutely agree FBR will meet milestones and CRH want this to work. In saying that I can understand market sentiment although its not mine.
The CR was a real let down, the agreement if conditions met and it goes ahead is a perfectly piece of artwork for FBR to expand. Just got to watch that dilution.
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Last
4.4¢ |
Change
-0.002(4.35%) |
Mkt cap ! $218.6M |
Open | High | Low | Value | Volume |
4.8¢ | 5.0¢ | 4.4¢ | $576.4K | 12.02M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 333559 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 128965 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 433559 | 0.044 |
3 | 230000 | 0.043 |
7 | 719661 | 0.042 |
8 | 583744 | 0.041 |
11 | 699870 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 128965 | 5 |
0.046 | 144262 | 2 |
0.047 | 35095 | 1 |
0.048 | 207147 | 2 |
0.049 | 795000 | 3 |
Last trade - 13.16pm 25/07/2024 (20 minute delay) ? |
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