Credit raising do not always make the share price lower then the offer price, it all depends on the value vs price.
The value of a well founded company can be much more then one that is stalled due to lack of funds.
The new credit can improve the value of a company beyond it's dilution effect. It also immediately improves NTA per share when it is below the share
price more then the net of the transactions.
FBR is in a much better state then its peak price. The NTA per shares has gotten higher despite dilution. Yet the share price is much lower.
Credit raising do not always make the share price lower then the...
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Last
4.9¢ |
Change
0.003(5.43%) |
Mkt cap ! $218.6M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.0¢ | 4.8¢ | $277.0K | 5.698M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4269029 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 666240 | 8 |
View Market Depth
| Last trade - 12.51pm 25/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |