the price you paid up in the 20c range is irrelevant. I know it hurts but it doesn’t matter where the price has been, only where it is going. You are distorting your view on the stock because of your personal experience. Not the best way to invest. Markets are forward looking, always has been always will be.
we all need to make our own decisions at the end of the day but I believe tgere is an unmet need and huge market opportunity with fbr being clear leader in this space. Cap raises are needed to build a product as advanced as hx. May not be the best price to issue shares but mike/mark are playing the cards they have been dealt. I’m not as cynical as you. I believe mike/mark truly want and are incentivised to make fbr work and clearly they have the skill and capabilities to make it happen.
in any case, that’s investing for you. We’re making the best decision we can with the available information. Fbr could flop but it could also go in to be a future blue chip. Chose your own adventure peeps. Gp fbr!!!
not investment advice. Do your own research, etc etc…
FBR Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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