FBR General Discussion, page-209

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herewegoagain1

5,861 Posts.

1998

12/03/20

13:16

Post #: 43448584
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Originally posted by adent ↑

ahhh, I understand now.
You are ignoring the facts as meaningless with no logic as to why they are meaningless, and therefore downplay the facts as not important to the share market. Yet, you choose to hide from the virus in a remote location with months of food while believing the facts to be meaningless.

The drop in the oil price can only act as stimulus to the economy. The cheaper the fuel price the cheaper it is for businesses to operate and the wmore money consumers have to spend on products.
The oil crisis of 1973 saw the price of oil go up, not down. Airlines have lower costs when the oil price is lower. Transport companies have lower costs when the oil price is lower. Plastic is cheaper to make, hence manufacturing products are cheaper when the oil price is lower.
The market didn't drop because of the drop in oil price.

The drop in the rate of the virus cases in China is not something to get excited of hopeful about. The drop in the new cases in China has occurred because of the extreme social distancing measures put in place grinding the economy of effected cities/provinces close to zero. We are seeing the same thing in parts of Europe. Economy grinding to a halt in an effort to halt the virus. The lock down measures will succeed. The transmission rates will drop. Halting the economy is impacting the share market. What is going to happen when Italy defaults on its debts?

But in order to get the economy going again the lock down measures need to be lifted as China is starting to do. The danger is that without a vaccine, lifting the lockdown measures and allowing the economy to run again will allow the virus to spread again.
The share market will be impacted and until there is a vaccine. 12 to 18 months away.

There is a way out of this for FBR if they can find a believer (investor or WB or BW) in the tech still being owned by FBR and that has a lot of cash to put in as a loan.
If FBR goes into administration/liquidation the Pivac's and share holders will not get to choose to keep the patents for themselves. The liquidator will make those decisions based on the highest bidder.

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Without Corona FBR would not be 2.6c ! I thought Hawkdawg said no such thing as up ramp and down ramp , anyway found him inside the back of the HX self quarantine wrapped in toilet paper for extra protection!

FBR Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

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Last 4.7¢		Change -0.002(4.08%)		Mkt cap ! $209.3M

Open	High	Low	Value	Volume
5.0¢	5.2¢	4.7¢	$745.3K	15.19M

Buyers (Bids)

No.	Vol.	Price($)
12	757674	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	168880	1

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No.	Vol.	Price($)
12	757674	0.047
10	2368563	0.046
10	390655	0.045
4	499444	0.044
5	825001	0.042

Price($)	Vol.	No.
0.048	168880	1
0.049	60000	1
0.050	200000	1
0.051	605744	4
0.052	660000	2

Last trade - 16.10pm 18/07/2024 (20 minute delay)

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FBR General Discussion, page-209

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FBR General Discussion, page-209

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