The latest update is out from FBR Limited ( (AU:FBR) ).
FBR Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. This move is intended to provide the company with the necessary time to finalize details of the capital raising, which could impact its financial position and market operations. The trading halt is expected to last until the announcement is made or until normal trading resumes on March 27, 2025.
More about FBR Limited
FBR Limited operates in the technology sector, focusing on innovative construction solutions. The company is known for its advanced robotic technology used in building construction, aiming to improve efficiency and reduce costs in the industry.
YTD Price Performance: -40.0%
Average Trading Volume: 397,137
Technical Sentiment Signal: Buy
Current Market Cap: $54.09M
For detailed information about FBR stock, go to TipRanks’ Stock Analysis page.