FBR 4.55% 4.6¢ fbr ltd

The marketing is for Shareholders. I don't know if it has to be...

  1. 2,992 Posts.
    lightbulb Created with Sketch. 1419
    The marketing is for Shareholders. I don't know if it has to be marketing as much as information.

    But anyway, if FBR shareholders were better informed, and CRs were done at higher share prices, then the dilution would be less and the SP would be much higher.

    FBR will need to do a capital raise again. Questions is how many?
    If they raise 15% of $110m market cap less 10% discount is $15m.
    If they can get the SP to 25cents, then 15% of $1.1bn less 10% discount is $150m. That would be the last CR required. FBR could fund dozens of machines for multiple customers without the orders even being in.

    Question is, can they get HX landed in US and check the boxes for SAT etc before the next CR???
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.