FBR 2.33% 4.4¢ fbr ltd

$1/2 Trillion profit, 3000HX robots, page-43

  1. 47 Posts.
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    Thanks for posting, I hadn't seen that video.

    It is a great video and achievement, it is fairly close to the animation and a lot better than the videos posted around the time of the last performance share issue.

    I love that FBR are chasing a big dream and I was caught up in the story of a small local company achieving against the odds and making a small number of punters / believers rich.

    I still hold my view though, I purchased back in 2016, back then the announcements were talking about a unit for sale in Calendar Year 2017. This slide below was part of announcement on 14 February 2017.

    We are now hurtling towards 2020 and I believe there is still a lot of work to be done before Hadrian is cost competitive compared to human bricklayers.

    There is still a lot of capital and dilution required to get where FBR are going.

    Good company, great people, great idea, but clearly it has taken much longer than FBR or punters like myself from 2016 expected.

    I have learnt my lesson and happy to share it!



    https://hotcopper.com.au/data/attachments/1765/1765117-a787821de52eb2e2ef731d24caa50dac.jpg

 
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