Australia's largest stock trading and investment forum Australia's #1 stock forum

FBR

Click for more information

7.69%

2.4¢ fbr ltd

True in the sense it either flops or tops there is no middle...

First 4979 Last

Share
Profile

Follow
Spekul8

2,517 Posts.

693

22/02/24

15:29

Post #: 72539834
Share

Originally posted by Zachary1000: ↑

The issue of a takeover is that this is essentially a binary proposition: it's either a game changing success or a complete failure.

If the former it will be worth squillions, if the latter, completely worthless. There's no world where FBR has a place but not a very big one. Once CRH have decided they want 300 Hx then they will soon decide they want 1000 Hx.

So how do you price a takeover in such a circumstance? If you're CRH and you're pretty sure it's going to be worth squillions then any takeover offer means you've signalled to the market (both incumbent holders and competing buyers) that it's a winner. You're not going to be able to offer 1 per cent of squillions you'll need to offer 20-30% of squillions - maybe 10-20% if they think FBR holders are impatient.

Expand

True in the sense it either flops or tops there is no middle ground takeover 6 cents more likley to be a dividend than a TO price

FBR Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 524 more messages in this thread...

First 4979 Last

Add FBR (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change -0.002(7.69%)		Mkt cap ! $106.5M

Open	High	Low	Value	Volume
2.5¢	2.6¢	2.4¢	$22.64K	902.6K

Buyers (Bids)

No.	Vol.	Price($)
11	1236725	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	2221496	9

View Market Depth

No.	Vol.	Price($)
10	816725	0.024
9	2069085	0.023
23	2690260	0.022
10	5354168	0.021
21	5777496	0.020

Price($)	Vol.	No.
0.026	2221496	9
0.027	3492871	10
0.028	4035867	8
0.029	1840000	3
0.030	388100	4

Last trade - 15.58pm 23/05/2024 (20 minute delay)


Last 2.5¢			Change -0.002 ( 3.85 %)
Open	High		Low	Volume
2.5¢	2.6¢		2.4¢	217991
Last updated 15.11pm 23/05/2024 ?

FBR (ASX) Chart