FBR Limited ( (AU:FBR) ) just unveiled an update.
FBR Limited has announced a proposed issue of 574,500,000 ordinary fully paid securities, scheduled for April 2, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s market positioning by increasing its capital base and providing funds for further development and expansion of its robotic construction technologies.
More about FBR Limited
FBR Limited operates in the technology and construction industry, focusing on the development and commercialization of robotic technology for the construction sector. The company is known for its innovative solutions that aim to enhance efficiency and precision in building processes.
YTD Price Performance: -40.0%
Average Trading Volume: 394,849
Technical Sentiment Signal: Buy
Current Market Cap: $54.15M
Find detailed analytics on FBR stock on TipRanks’ Stock Analysis page.