tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FBR Limited Clarifies Status on Section 249D/249F Notices

Story Highlights
  • FBR Limited specializes in robotic technology for construction and metal fabrication.
  • FBR has not received formal notices under sections 249D or 249F but will update if it does.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FBR Limited Clarifies Status on Section 249D/249F Notices

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from FBR Limited ( (AU:FBR) ) is now available.

FBR Limited has clarified that it has not received any formal notices under sections 249D or 249F of the Corporations Act, despite ongoing correspondence from Mr. Bob Ciesla, who has been seeking shareholder support for further action. The company assures stakeholders that it will update the market if any formal notice is received, maintaining transparency and compliance with disclosure obligations.

More about FBR Limited

FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots aimed at addressing global needs more safely, efficiently, and sustainably. Their core technology, Dynamic Stabilisation Technology® (DST®), is utilized in applications such as the Hadrian® bricklaying robot and the Mantis™ welding robot, serving industries like construction, mining, shipbuilding, and defense manufacturing.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$26.21M

Learn more about FBR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1