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FBR Shareholder Challenges Recent Placements and Governance at Takeovers Panel

2:12am on Monday 2nd of June, 2025 AEST Technology
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FBR Shareholder Challenges Recent Placements and Governance at Takeovers Panel

2:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Application filed by shareholder Bob Ciesla with Takeovers Panel
  • Challenges $6.3 million share placement and EGM approvals
  • Alleges improper use of ASX Listing Rule 7.1 and inadequate disclosures
  • Concerns over intellectual property risks and shareholder communication
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