...sorry I did warn you about FBR; their track record of closing a deal from history has been abysmal and a lot of times I feel represent more like a bait and then we see distribution from which shares are sold down or CR made.
...this morning, it crashed -43%.
Its Over, 76446483, page-24252 | HotCopper ForumIts Over, 75887256, page-23852 | HotCopper ForumIts Over, 75886821, page-23851 | HotCopper ForumMonday, 17 February 2025 – Robotic technology company FBR Limited (ASX:FBR; OTCQB:FBRKF) advises the conclusion of the option period for the option granted to CRH Ventures to form a joint venture for the provision of Wall as a Service® in the United States (‘Option’
. As previously announced by FBR on 18 January 2024, CRH Ventures was granted an option to enter into an exclusive joint venture. The period for exercise of the Option ended at 5pm EST GMT-5 16 February 2025. FBR did not receive formal notice of exercise of the Option from CRH Ventures before the end of the option period. Accordingly, the Option has expired and, as a result, FBR is no longer subject to the exclusivity arrangements with CRH Ventures. FBR completed a Demonstration Program working with a selection of builders in the United States, for which FBR received non-refundable payments totalling US$2 million from CRH Ventures.
