In my mind it is all starting to piece together...
first FBR starts a blog and the share price improves
5 Feb - then they announce a MOU with Brickworks....and yes we were all surprised by the 45 day timeline which got us all excited.
11 Feb - then another video comes out showing an outdoor build, but needless to say many people still had some doubts
21-25 Feb - trading halt and then FBR raises $17m at 10.5c per share
and now today, what do we have.... 1) another failure to finalise a MOU on time, making everyone think the 45 day due date was a setup, and 2) a dropoff in the blogs.
if I was one of those institutional investors who took up the placement at 10.5c, I would be feeling like I was taken for a ride
FBR thoughts on recent activity
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $115.4M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $11.66K | 448.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 2520567 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 570044 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
2.6¢ |
Change
0.001 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.6¢ | 2.5¢ | 77669 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| FBR (ASX) Chart |