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4.08%

4.7¢ fbr ltd

Not a MoU, if it is going to be a MOU FBR will not need 3 teams...

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Storm_chasor

3,189 Posts.

487

15/12/23

11:54

Post #: 71468350
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Originally posted by goodie: ↑

If they liked Hadrian and thought it was going to work they would buy fbr outright. It's that simple. 100 million is small change to a 4 billion dollar company, and the big players don't mess about. It's also worth paying attention to when bkw bought most of their shares- a couple of years ago during the greatest inflation price rise in building products in memory. They may have looked at fbr and thought that if inflation stays like this then this may work from a financial perspective. But inflation has all but moderated, and bkw haven't bought any more.

Still, bkw being on the register can only be a positive. They know what they are doing. In a month's time fbr may announce a binding agreement and troopy and myself will be proven wrong. Who knows. If it is another mou then I don't think the market will like it. This is a cash intensive business, the US will be expensive for fbr. I think it is entering a phase that will determine it's survival.

You are all very passionate holders. I hope it works out for you. (even bdawg who has brain damage).

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Not a MoU, if it is going to be a MOU FBR will not need 3 teams of lawyers working 24/7 on this deal, and FBR would have raised more than A$5m in last tin rattle if this is just a MoU

FBR Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.7¢		Change -0.002(4.08%)		Mkt cap ! $209.3M

Open	High	Low	Value	Volume
5.0¢	5.2¢	4.7¢	$745.3K	15.19M

Buyers (Bids)

No.	Vol.	Price($)
12	757674	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	168880	1

View Market Depth

No.	Vol.	Price($)
12	757674	0.047
10	2368563	0.046
10	390655	0.045
4	499444	0.044
5	825001	0.042

Price($)	Vol.	No.
0.048	168880	1
0.049	60000	1
0.050	200000	1
0.051	605744	4
0.052	660000	2

Last trade - 16.10pm 18/07/2024 (20 minute delay)

FBR (ASX) Chart