FBR Limited ( (AU:FBR) ) has issued an announcement.
FBR Limited has announced a new issuance of securities, proposing to issue 53,820,242 ordinary fully paid shares. The proposed issue date for these securities is May 8, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. This announcement could potentially impact FBR’s market positioning by increasing its capital base, which may be used for future growth initiatives or operational needs.
More about FBR Limited
YTD Price Performance: -40.0%
Average Trading Volume: 394,849
Technical Sentiment Signal: Buy
Current Market Cap: $54.15M
Learn more about FBR stock on TipRanks’ Stock Analysis page.