It is like Steve jobs returning to Apple, the founder returns to the CEO's office, makes very significant changes and the whole company slowly turns around. This has already been achieved with FBR's costs, plus they are now getting interest in a whole bunch of new near term revenue sources with the Australian building market and 100% ownership of US WAAS just a few contracts away and potential customers seem to only have positive things to say about it. There is no logical evidence that sales will not come through as they did before, if they don't then offering lock up ready houses direct to the market is another option.
FBR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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