This is not correct. I am all for voting no to show FBR they cannot just raise again easily without shareholder approval, however there is no conspiracy with Fidelity.
Fidelity have always been a long term shareholder of FBR, they have for a long time held about 10% of the company.
The capital raise was open to all sophisticated and institutional investors Bell Potter contacted.
Fidelity took 10% of the capital raise to maintain their proportional shareholding.
They are supporting FBR. they did it at 1c, the share price is now 0.6c.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.44M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $222.8K | 44.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 95 | 38723383 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 12350719 | 29 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| FBR (ASX) Chart |