FBR 3.85% 5.0¢ fbr ltd

Ann: FBR completes $4 million placement, page-7

  1. 1,492 Posts.
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    A RELIEF!!!
    Agree , re risk on attracting investors.Money year after year raised for commercialisation .No regular updates on progress , no acknowledgement of failure to walk the talk.
    Technically difficult , dont want it breaking down overseas , Liebherr ideal technical and support partner.
    I get it , it is hard to do , if FBR shared the journey rather than asking for blind faith , IMO the SP would be much higher.
    The SP is the scorer for FBR mgt , I think they can do better.

    FBR needs to survive , buy time to get the hadrian to the world market.
    IMO dilution is insignificant to the SP multiples if successful.
    Hadrians 3 and 4 mechanically complete end of September?
    If not will FBR even mention the target.First mention of Xella , Hadrian 1 , nothing for 2 years , yet a target to be building last year
 
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