FBR 2.22% 4.6¢ fbr ltd

Where does the share price go from here?, page-46

  1. 6,186 Posts.
    lightbulb Created with Sketch. 472
    I think in "normal" pre-pandemic times. Yes, that would be the case. There is still an argument why brick manufacturer still would have a vested interest in HX/FBR. Look at manufacturing/car manufacturing. Almost all cars, especially european cars has its own sets of tools/processes. Because they all believe their way of doing things are what suits them to make cars. Bricks are "generic" in some sense. But I believe Brick manufacturer wants to maintain a healthy building market, and that means bricklayers needs to be there. With population declining, or lesser bricklayers around, this means there would be lesser people to lay bricks for them. Also, despite maintenance cost, a machine can lay a lot more bricks at a faster rate then a human can. Just saying, brick manufacturer would have a vested interest in enabling something like the HX. As for builders/developers, we know how much margins they want to make.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
4.6¢
Change
0.001(2.22%)
Mkt cap ! $221.9M
Open High Low Value Volume
4.6¢ 4.9¢ 4.5¢ $387.1K 8.299M

Buyers (Bids)

No. Vol. Price($)
4 315279 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 221109 2
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.