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FBR Limited Issues 450 Million Unquoted Equity Securities

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FBR Limited Issues 450 Million Unquoted Equity Securities

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FBR Limited ( (AU:FBR) ) has issued an announcement.

FBR Limited has announced the issuance of 450 million unquoted equity securities in the form of options, exercisable at $0.01 and expiring on August 8, 2028. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX. The move is likely to impact the company’s financial strategy by potentially increasing capital through the exercise of these options, which may influence its market positioning and stakeholder interests.

More about FBR Limited

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$34.14M

Find detailed analytics on FBR stock on TipRanks’ Stock Analysis page.

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