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FBG Fibregen

2.875
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fibregen LSE:FBG London Ordinary Share GB00B2R9BM23 ORD 3P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.875 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.875 GBX

Fibregen (FBG) Latest News

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Fibregen (FBG) Discussions and Chat

Fibregen Forums and Chat

Date Time Title Posts
27/9/201211:46FibreGen (formerly Libra Natural Resources)864
02/10/200917:32NEW BEGINNING?14

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Fibregen (FBG) Top Chat Posts

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Posted at 05/9/2012 19:15 by david77
"I believe if we gift the shares, we cannot make the loss for tax purposes." - that's right - you give them away at your cost price.

I've received calcs from the taxman showing £1.65 due by 31 Jan 2013 but otherwise no comment on my claim that the shares have no value.
Posted at 25/4/2012 19:24 by david77
I'm going to show them as sold for zero value on my CGT tax return and tell the taxman what I've done - or maybe show 2 figs - one with zero value for FBG and another as if I still have them.
Posted at 15/12/2011 10:19 by david77
I've still got a share certificate - that's the only valuable bit 'cos I should be able to make a Negligible Value claim (see Fulsha's post 853 above) when I do my next tax return.
Posted at 19/1/2011 21:20 by david77
Those with shares in certificate form or a Crest a/c should have received their Annual Report today.

On page 2, the Chairman writes ".... The Directors will be working to develop some options for the Company over the next several months. However, the Company has few resources to support this effort and if it cannot obtain additional resources or identify an acquirer, FibreGen may not be able to continue Operations.

..."

Page 7: Revenue £'000) 18 months ended 30 June 2010: (£524)
...
Basic and diluted loss per share (15.9p)

Page 9: Balance Sheet

Total equity 30 June 2010 £'000 (106)
31 Dec 2008 £'000 £3,215

Page 15: Note 3: Staff costs Admin 2 people
cost £'000 2010: 267 2008: 174

Dirs' emoluments: £'000 2010: £309 2008: 248

Highest paid dir included in above
£'000 2010: 134 2008: 87

Note period to Dec 2010 is 18 months, period for 2008 is 12 months.

-------------
I said some ago that the dirs were running the business until they had spent all the remaining cash. I suspect that that is still the situation.
Posted at 14/10/2010 13:22 by david77
I have CREST account with Fastrade and was sent a certificate when the shares were suspended. My name is on the company's share register. I was sent info recently including a voting form on delisting. I haven't heard the result of that vote.

If your shares are in a nominee account you don't get any info from the company.
Posted at 21/8/2010 14:42 by david77
1: They want to take the company private - FibreGen Ltd instead of plc

2: Bondholders have accepted 90% of the company @ 3p/share
FibreGen would not have been able to repay the bondholders so would have been insolvent - I guess that a value of 3p on our shares is a little better than zero! but not much - I paid 155p/share!!

3: T2M Investments (who??) will own 5% and FBG shareholders will own 5% of Emerald Bio-Energy Ltd - who own a 100,000 ton/year wood pelleting plant on Canada. It burnt down last year - it has been rebuilt with a Canadian$1.3 million loan and is producing about 50% of capacity - limited by sales.
Posted at 10/3/2010 08:32 by david77
My computer crashed a week or so ago and I have been trying to recreate CGT files and I was trying to work out why I have less FBG shares than I bought as LNR.
Posted at 02/3/2010 08:28 by david77
Result of General Meeting
RNS Number : 0682V
Libra Natural Resources PLC
22 May 2008

Press Release 22 May 2008

Libra Natural Resources plc (to be renamed FibreGen plc)
("the Company")

Result of General Meeting

Libra Natural Resources plc, the international biomass-to-energy company, announces that all resolutions put to shareholders at the
General Meeting held today were duly passed. The full text of the resolutions is set out in the Company's circular to shareholders dated 30
April 2008 (the "Circular"). These included the change of the Company's name from Libra Natural Resources plc to FibreGen plc, the approval
of the appointments of Richard Squires and John Stirling as Directors of the Company and a share consolidation on a 15:1 basis (the "Share
Consolidation").

Under the Share Consolidation, each holder of ordinary shares of 0.2 pence each in the Company ("Existing Ordinary Shares") held at 5.00
p.m. (London time) on 22 May 2008, will have their Existing Ordinary Shares replaced with new ordinary shares of 3 pence each ("New Ordinary
Shares"). Holders of Existing Ordinary Shares will receive 1 New Ordinary Share for every 15 Existing Ordinary Shares held.
Posted at 10/9/2009 11:05 by abadan2
Wonderful news on FBG's sister company, Evergreen Securities! This company took over some of the noncore investments from FBG, brought in some other "green" assets and raised money at 105p about 16 months ago. Share price now is 2p and it is delisting from AIM. Another Greensmigh success.
Posted at 10/7/2008 16:49 by john henry
Basically the company has to pay 4M for a 25% stake in something that is worthless. Mkt cap is now down to a few million. Im trying to understand the PUT option was it an option on FBG share price
Fibregen share price data is direct from the London Stock Exchange

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