FBR 2.63% 3.7¢ fbr ltd

Monthly Chart, page-140

  1. 5,251 Posts.
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    I'm just me mate all I have is experience and that tells me that big ugly red candle on the daily heading into the close is not good news for holders closing down towards the day lows after a rabid sell off this week

    Suggests more of the same monday that gap I spoke of at 6.5 cents like gets filled next week

    If 6 cents fails the next gap is around 4.7 cents there is not much but fresh air heading back to the IPO price after that

    6 cents the key level to watch it needs to hold as things could quickly escalate on the selling if it fails tech traders would be setting stops around 5.8 triggers get pulled there its not good

    The big question is where to they raise down here if ifs sustained the number of shares required would have to be cheap to be offered to a sub holder of new corner stone would holders get in on the SPP of face massive dilution?

    A lot of risk here if I thought if was cheap id be hooking in but I feel something fundamentally is very wrong here
 
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(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $225.1M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $139.8K 3.735M

Buyers (Bids)

No. Vol. Price($)
9 782419 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 3225206 7
View Market Depth
Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
FBR (ASX) Chart
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