At this rate I would say hopefully 40c in 4 years' time. For me over the course of holding FBR shares one thing has become clear, the Pivacs and associated big wigs will become rich, not sure if the same applies to retail shareholders. At the slow pace at which the Sultana Road boys do their things, the massive cash burn and setting up org structures equivalent to profit making blue chip stocks when they have not brought a penny in revenue yet, the secrecy and directors not committing any of their own money, these are all red flags that are growing bigger by the day. The tech is great no doubt about that. By the time they start to bring in any revenue, if ever, I suspect the amount of shares on issue will be massive. And more performance shares are on the way, through hook or crook the boys will claim those. These guys don't give a rats about creating shareholder value.
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $67.83K | 2.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 654859 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 3252002 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 654859 | 0.024 |
27 | 6180002 | 0.023 |
21 | 3496695 | 0.022 |
7 | 2802157 | 0.021 |
17 | 4393746 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 3252002 | 18 |
0.026 | 3061237 | 18 |
0.027 | 2531680 | 6 |
0.028 | 3571888 | 5 |
0.029 | 375660 | 2 |
Last trade - 15.40pm 26/06/2024 (20 minute delay) ? |
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FBR (ASX) Chart |