Australia's largest stock trading and investment forum Australia's #1 stock forum

FBR

Click for more information

1.96%

2.5¢ fbr ltd

FBR the next 6 months, page-4

First 4 Last

Share
Profile

Follow
adent

3,372 Posts.

690

07/06/19

13:07

Post #: 38959992
Share

Originally posted by Griffo74: ↑

Have been holding this stock for 3 to 4 years now and have watched it climb to nice highs and then plummet down to the lows that it is experiencing now. I am like many on here, very disgruntled with the way the CAT deal was handled, but still held with belief that the management know what they are doing to make this invention a household name. (Not so sure sometimes with management lately)
And now here we are with the dwindling share price due to no significant announcements, and the cash pile that they have burning away at a rate of about 7 Million per QTR with no revenue income to counter the spending.
Do we think that a CR will be needed?, or do we think that there is a bunch of investors sitting on the sidelines waiting for the 10 houses to be built and then throw their hard earned cash at it?
Surely the FBR team would not have leased the new premises and be hiring new employees if they did not know that some extra cash will be coming there way soon.

Expand

It really depends on what they fill the new shed with.
At 7 million per quarter, cash runs out about roughly June 2020 I think. Is that right?
There will be another CR.
The last CR was only 17 mill. So only ~2.5 qtrs worth.

FBR Price at posting: 7.5¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 246 more messages in this thread...

First 4 Last

Add FBR (ASX) to my watchlist

(20min delay)
Last 2.5¢		Change -0.001(1.96%)		Mkt cap ! $111.0M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.5¢	$20.74K	817.4K

Buyers (Bids)

No.	Vol.	Price($)
7	897598	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	1813554	4

View Market Depth

No.	Vol.	Price($)
7	897598	0.025
11	1839145	0.024
4	773955	0.023
6	836179	0.022
9	1868815	0.021

Price($)	Vol.	No.
0.026	1813554	4
0.027	3792598	11
0.028	4017864	6
0.029	1185337	4
0.030	1847500	8

Last trade - 15.51pm 02/05/2024 (20 minute delay)


Last 2.6¢			Change -0.001 ( 4.00 %)
Open	High		Low	Volume
2.5¢	2.6¢		2.5¢	285418
Last updated 15.14pm 02/05/2024 ?

FBR (ASX) Chart