FBR 0.00% 2.4¢ fbr ltd

Ann: Chairman's Address to Shareholders, page-100

  1. 6,553 Posts.
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    I don’t know mate I held such high hopes a little Perth company would do something great for the worlds social housing issues and provide rapid shelter in disaster relief and refugee camps rebuild war torn countries


    All seems a bit of a pipe dream as im

    sure it will get taken out long before that or just get starved out into given up the IP for a song like most inventors 


    i have been sceptical for awhile that no board or directors have been actively buying stock seemed odd to me if you truly believed they now have a shed load of free shares gifted in a plate what do we  have pushed back timelines a MOU with CAT looking increasingly shaky and a Ropey video with a SP below what it was a year ago 

    I really hoped FBR were going to be an exception to a lot of spec start ups who over promise and under deliver with failure to execute timelines for holders anyway


    Oh we’ll see what plays out I’ll sell the rest of my holdings I think and follow them if they come good reinvest next year in the mean time I’ll try to offer my genuine opinion as I always have on FBR it’s a shame a lot of what I said was so shunned it’s playing out in front of us 

    It sounded like a good story back in 2015 hit a huge roadblock in my view now 






 
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