FBR Limited (AU:FBR) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
FBR Limited has announced an $8 million Share Purchase Plan, inviting eligible shareholders in Australia and New Zealand to buy new shares at a discounted price. This move aims to raise capital for upcoming projects, including the completion of its 10-home Demonstration Program in Florida, which could lead to a significant joint venture with CRH Ventures. The offer, fully underwritten by Bell Potter Securities, opens on November 7, 2024, and closes on November 26, 2024.
For further insights into AU:FBR stock, check out TipRanks’ Stock Analysis page.
