The best thing in this is that CRH has effectively prioritised the supply of up to 300 Hadrians to go to their WAAS JV with FBR before others can get in. That means that they see a market for at least 300 Hadrians in the US.
If each HX can generate $1m profit per year, FBRs share of that is $151m.
If you apply a multiplier to that of 10x, that makes FBR a $1.5b company. A 20x multiplier a $3b company.
This does not include any other other revenue streams which would then make the valuation even higher.
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- Ann: FBR Executes Binding US Agreement with CRH Ventures Americas
Ann: FBR Executes Binding US Agreement with CRH Ventures Americas, page-57
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3.9¢ |
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Mkt cap ! $186.8M |
Open | High | Low | Value | Volume |
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22 | 2931400 | 0.037 |
11 | 2659777 | 0.036 |
16 | 2156599 | 0.035 |
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Price($) | Vol. | No. |
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0.040 | 3052573 | 9 |
0.041 | 120000 | 1 |
0.042 | 1680000 | 8 |
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