middle.news
Shareholder Challenges FBR’s EGM Over Complex Share Issues and Dilution Risks
12:31pm on Monday 5th of May, 2025 AEST
•
Technology
Read Story
Shareholder Challenges FBR’s EGM Over Complex Share Issues and Dilution Risks
12:31pm on Monday 5th of May, 2025 AEST
Key Points
Application filed by shareholder Bob Ciesla to Takeovers Panel
Concerns over lack of clear explanations and independent valuation for share issues
Allegations of bypassing 15% placement limit causing significant dilution
FBR’s EGM scheduled for 6 May 2025 to ratify multiple share placements
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Fbr (ASX:FBR)
OPEN ARTICLE