The only people who make money on share consolidations are the lawyers advising and who regularly push for these things so they can generate billable minutes, and those getting free performance shares on top of their salaries. I'll caveat this by saying that is when there is no VERY significant catalyst. I'd consider 300 Hadrians signed sealed and on delivery, as such a catalyst, or a signed deal with Mexico and Saudi for 100,000 houses at the least.
There is no reason to do a share consolidation, particularly for a company where 60% of the register is so tightly held. We're not a f@#$%ng miniglng explorer. We're a revenue generating company with absolutely massive growth potential worldwide.
mike needs to check himself with this share consolidation nonsense and change his advisors.
- Forums
- ASX - By Stock
- Investor Call 9 August 2024
The only people who make money on share consolidations are the...
-
-
- There are more pages in this discussion • 164 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
0.003(7.50%) |
Mkt cap ! $206.0M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.0¢ | $378.1K | 9.064M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 912797 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 389874 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 912797 | 0.041 |
5 | 3800000 | 0.040 |
7 | 828615 | 0.039 |
13 | 2363782 | 0.038 |
14 | 1439278 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 389874 | 2 |
0.044 | 591123 | 5 |
0.045 | 1574424 | 12 |
0.046 | 2240000 | 3 |
0.047 | 417583 | 2 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |