My view is that a $140m market cap (10 cents) is simply too high for a speculative company such as this.. the share price has ballooned out of control. I would be happy to take a speculative punt on a company like this - but only if the market cap was under $40m (3 cents).
When I first purchased FBR, the market cap was only $20m and the share price was 2.5 cents at the time (significant dilution has occurred since then). At this stage, I am glad I sold at 15 cents. In saying that, good luck to you all. Would be nice to see an Aussie invention succeed but I'm not counting on it. With a $140m market cap the risk is quite high, anything but spectacular results (revenues) will see the share price fall.
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My view is that a $140m market cap (10 cents) is simply too high...
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Last
3.8¢ |
Change
0.001(1.35%) |
Mkt cap ! $225.1M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.7¢ | $76.41K | 2.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26488 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 2947686 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1282152 | 0.075 |
4 | 242527 | 0.074 |
1 | 200600 | 0.073 |
6 | 547000 | 0.072 |
7 | 462161 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 67469 | 1 |
0.078 | 11800 | 1 |
0.079 | 100000 | 1 |
0.080 | 280225 | 3 |
0.082 | 76415 | 1 |
Last trade - 15.41pm 27/11/2024 (20 minute delay) ? |
FBR (ASX) Chart |