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
3.6¢ |
Change
-0.002(4.05%) |
Mkt cap ! $160.6M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.5¢ | $328.5K | 9.123M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1215267 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 766241 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1215267 | 0.035 |
12 | 1960543 | 0.034 |
8 | 1240372 | 0.033 |
5 | 732777 | 0.032 |
3 | 1984291 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 766241 | 9 |
0.037 | 347881 | 3 |
0.038 | 945525 | 8 |
0.039 | 95000 | 2 |
0.040 | 127777 | 2 |
Last trade - 12.54pm 08/08/2024 (20 minute delay) ? |
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