FBR

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4.6¢ fbr ltd

Ann: Hadrian X arrives in the United States, page-71

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SmatteringCat

234 Posts.

49

09/07/24

17:29

Post #: 74676621
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Originally posted by MadDog12: ↑

It's a bit of a mixed bag:
1) as I said before, the headwind of year end tax loss selling was behind us on 1st July.
2) momentum breads more momentum. When FBR starts to rocket the trend chasers jump in to help accelerate the move.
3) the price in my view should have never been as low as it was. It was perhaps a mix of holder fatigue and year end tax loss selling. I think pessimism was had gotten stretched and we reached max pessimism in June, in my view.
4) Proximity to builds in Florida have potentially sparked some interest internationally. Alternatively, we could have some domestic investors trying to front run the expected increase in exposure to overseas investors through the press exposure in the states.
5) As mentioned by another poster we could have some family offices jumping and in my view possible large fishy starting to nibble.

Aside from the above, talking more generally, FBR has spent no less than $170m USD on spent R&D. Any market cap less than this is in my view buying FBR at a large discount to the value of R&D. Also, one only needs to look at the market cap of FBR now and compare it to the size of the possible TAM if successful to see FBR as screaming value ATM. If an investor assigns any real non-zero probability to FBR actually succeeding then one would have to believe that FBR is trading at only a small value of it's fair NPV.

I am a firm believe that in the end companies will eventually trade on their fundamentals and their worth. Timing of course is hard to predict. The mark is a voting machine in the short term and a weighing machine in the long term.

I have modelled out my projections based on my assumptions of FBRs free cash flow and for me the investment stacks up given my risk tolerance and assumptions. Investors have to reach their own conclusions based on their own view of how they expect things to play out. We all know where I stand. When we have more information on build out, ramp up, scaling, etc. I will update my model and repost.

This is not investment advice. Do your own research and make your own assumptions.

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I agree completely. I said it maybe 6 months to a year ago that we would see volume increase with trusts aligned with industry and volumetric traders picking up the news.

The tech is here and robotics aren’t built to fail. To quote Chris Hadfield’s Masterclass for space travel “we don’t cross our fingers to go into space”. FBR aren’t crossing fingers now.

FBR Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(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

No.	Vol.	Price($)
4	315279	0.046
15	852119	0.045
6	638488	0.044
7	551192	0.043
8	942829	0.042

Price($)	Vol.	No.
0.047	210477	1
0.048	63340	1
0.049	752000	4
0.050	884463	4
0.051	371342	5

Last trade - 16.10pm 04/10/2024 (20 minute delay)

FBR (ASX) Chart

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