FBR 0.00% 5.3¢ fbr ltd

The reason I sold all all my holdings, page-37

  1. 69 Posts.
    lightbulb Created with Sketch. 18
    smart move, hope you made some coin
    how this company is carrying a $167 mil MC with no revenue is beyond me
    just tells me when the downturn hits we have a long way to go to flush out all these duds that are like a plague in the specs

    as anyone who understands constuction will tell you FBR is NOT the future of construction automation, this is an idea a child would come up with, and only somwhere like the ASX and the cashed up ignorant masses we have down under would list such an entity in the first place

    imo this will end badly with significant wealth destruction for those who bought the narrative
 
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