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FBR Limited ( (AU:FBR) ) has issued an announcement.
FBR Limited has issued fully paid ordinary shares and notified the market that these securities were issued without a prospectus under the relevant provisions of the Corporations Act. The company affirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information that investors would reasonably require to assess the company or the rights attached to the new shares, signalling regulatory compliance and transparency around the capital issuance.
The most recent analyst rating on (AU:FBR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on FBR Limited stock, see the AU:FBR Stock Forecast page.
More about FBR Limited
FBR Limited is an Australian robotic technology company that designs, develops and builds dynamically stabilised robots for outdoor applications using its proprietary Dynamic Stabilisation Technology (DST). Its key products include Hadrian, a bricklaying robot that delivers Wall as a Service to builders or can be purchased outright, and Mantis, a high-deposition welding robot targeted at large-scale metal fabrication sectors such as mining, shipbuilding and defence manufacturing.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.98M
See more data about FBR stock on TipRanks’ Stock Analysis page.