FBR

2.22%

4.6¢ fbr ltd

New video: Display Home Update, page-321

First 321 Last

Share
Profile

Follow
CDT82

1,695 Posts.

227

30/09/20

23:41

Post #: 47756890
Share

Originally posted by NoGtsNoGlry: ↑

Hi Double Down

For some reason could not do a reply to your message so have had to post as a separate message.

Don't know if you're being condescending (but let's assume you are not). You educating me on dilution is like telling a mechanic how to put petrol in a car.

Bad Management???? - another subjective assessment without reasoning (if the share price dropped because of bad management, what was management doing right when the share price hit $0.30 and they had no machine?????????).

You have related a significant share price reduction principally to the issue of additional shares, whether performance shares, cap raising etc etc. Its illogical and the numbers do not support your conclusion.

I argue that the fair value of the company is not less than it was 3 years ago (I would go further to say it is worth more). Perhaps the question could be whether the market overvalued the company 3 years ago? Now that is a different proposition.

The market price is the market price (you know economics 101 "willing but not anxious buyer and will but not anxious seller"). Whilst dilution has had a bit of an impact it does not account for a 75% reduction as you put it.

I don't have the interest to explain it further but perhaps the main reason for share price drop is simply as I put it previously, the speccy's are no longer impressed and the market is waiting for something substantial.

If you don't agree that's fine but I am yet to be convinced of your reasoning to attribute a 75% reduction in share price to more shares on issue.

NGNG

Expand

DD is right, as much as you want to believe what you’ve just explained, it’s far closer to an opinion than a true TA, sorry NGNG.

FBR Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BUX

Buxton projects new graphite province discovery at WA Narryer play

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 6 more messages in this thread...

First 321 Last

Add FBR (ASX) to my watchlist

(20min delay)
Last 4.6¢		Change 0.001(2.22%)		Mkt cap ! $221.9M

Open	High	Low	Value	Volume
4.6¢	4.9¢	4.5¢	$387.1K	8.299M

Buyers (Bids)

No.	Vol.	Price($)
4	315279	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	221109	2

View Market Depth

No.	Vol.	Price($)
4	315279	0.046
15	852119	0.045
6	638488	0.044
7	551192	0.043
8	942829	0.042

Price($)	Vol.	No.
0.047	210477	1
0.048	63340	1
0.049	752000	4
0.050	884463	4
0.051	371342	5

Last trade - 16.10pm 04/10/2024 (20 minute delay)

FBR (ASX) Chart

New video: Display Home Update, page-321

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

New video: Display Home Update, page-321

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News