I agree it is alot. The comparison however is all the US tech companies who raise billions on the private market and then IPO, FBR private market just happened to be Aussie punters on the ASX. Still they have got to this point and it cost close to $200 mill (pretty similar to market cap now).
You either think it has a product that works and is hard to replicate or it was a waste of money. I am in the former.
I think many new US investors will see the value and the derisking that has happened over the last decade and will want to now get in. In regards to number of shares on issue it is what it is, do a consolidation. The sunk costs into FBR are the value, IP and patents.
I agree it is alot. The comparison however is all the US tech...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $212.2M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.3¢ | $154.6K | 3.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 201883 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1107791 | 6 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FBR (ASX) Chart |