FBR Limited ( (AU:FBR) ) has provided an announcement.
FBR Limited has announced a significant change in the voting power of its substantial holders, Horsley Park Holdings Pty Ltd and Brickworks Limited, due to the issuance of new shares. The issuance of 574,500,000 new fully paid ordinary shares on April 2, 2025, as part of a placement, has diluted the voting power of these substantial holders from 15.27% to 12.99%. This change reflects the company’s strategic move to raise capital, which may impact its market position and influence the interests of its stakeholders.
More about FBR Limited
YTD Price Performance: -45.00%
Average Trading Volume: 402,891
Technical Sentiment Signal: Strong Buy
Current Market Cap: $28.28M
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