FBR 0.00% 3.8¢ fbr ltd

My view is that a $140m market cap (10 cents) is simply too high...

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  1. 423 Posts.
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    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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Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $225.1M
Open High Low Value Volume
3.8¢ 3.8¢ 3.6¢ $147.5K 3.951M

Buyers (Bids)

No. Vol. Price($)
5 1039866 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 2909030 9
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
FBR (ASX) Chart
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