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FBR Limited ( (AU:FBR) ) has shared an update.
FBR Limited announced the issuance of fully paid ordinary shares without disclosure under the Corporations Act, confirming compliance with relevant legal provisions and stating no excluded information is present. This move reflects FBR’s strategic operations in enhancing its market presence and financial structure, potentially impacting stakeholders by reinforcing the company’s commitment to transparency and regulatory adherence.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to address global needs in a safer, more efficient, and sustainable manner. The company’s core technology, Dynamic Stabilisation Technology (DST), is applied in products like the Hadrian X, a bricklaying robot, and Mantis, a high deposition welding robot for large-scale metal fabrication industries such as mining, shipbuilding, and defense manufacture.
YTD Price Performance: -75.00%
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.37M
Learn more about FBR stock on TipRanks’ Stock Analysis page.