It really depends on how you look at the data. Are you a glass half full or glass half empty guy?
If you have a look at the trend of building approvals, 5Y< trend, you will find slump in building approvals will be followed by a period of increased approvals.
https://tradingeconomics.com/australia/building-permits
You will need to look at it globally as well. It's no secret FBR's ambition to expand globally.
The road to commercialization, page-171
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4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $197.8M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.3¢ | 4.1¢ | $253.4K | 6.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1225791 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 513275 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FBR (ASX) Chart |