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Takeovers Panel Declines Proceedings on FBR Limited Application

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Takeovers Panel Declines Proceedings on FBR Limited Application

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FBR Limited ( (AU:FBR) ) has provided an update.

The Takeovers Panel has declined to conduct proceedings on an application from Mr. Bob Ciesla concerning FBR Limited, citing that the circumstances did not fall within its jurisdiction and there was no reasonable prospect of declaring unacceptable circumstances. The Panel advised that shareholders seeking to make applications should consider obtaining legal advice due to the complexity of its jurisdiction.

More about FBR Limited

Average Trading Volume: 14,005,534

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$28.45M

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

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