An update from FBR Limited ( (AU:FBR) ) is now available.
FBR Limited has completed a significant portion of its A$6.3 million placement, issuing 574,500,000 fully paid ordinary shares at A$0.01 each as part of Tranche 1. This move, announced on April 2, 2025, aligns with FBR’s strategic objectives to enhance its financial position and operational capabilities. The company has adhered to relevant provisions of the Corporations Act, ensuring transparency and compliance, which is crucial for maintaining investor confidence and supporting its market positioning.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to meet global needs in a safer, more efficient, and sustainable manner. The company’s core technology, Dynamic Stabilisation Technology (DST), is exemplified by its Hadrian X, a bricklaying robot that constructs structural walls more quickly, safely, and accurately than traditional methods. FBR offers Wall as a Service, providing this technology to builders on demand.
YTD Price Performance: -45.00%
Average Trading Volume: 395,359
Technical Sentiment Signal: Buy
Current Market Cap: $22.11M
See more data about FBR stock on TipRanks’ Stock Analysis page.