I"m hoping someone will ask that today in the Melbourne roadshow. If not, I'll personally ask this question as well.
Yes, whether they can find a way to do this legal or not, it doesn't show the intend in the performance shares. Reading the original performance C, classifications, surely, the intend is to show/prove that FBR can be revenue generating. If they have to resort to essentially, get a CR/SPP, to be in a JV, then use the JV to "buy" the HX to show revenue, its just too bloody circular for my taste. I hope they are aware of this. The optics is very bad in my opinion.
Melbourne Roadshow, page-2
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Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 9 | 1797438 | 2.4¢ |
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| Last trade - 15.55pm 03/05/2024 (20 minute delay) ? |
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| Last updated 15.53pm 03/05/2024 ? | |||||
| FBR (ASX) Chart |