Have you considered Ash been a pioneer 2 cent investor what your target is to sell?
It's rare to get a ten bagger in a speccid as we discussed back at high 20s I hops your more than free carried
Still very high risk here mate 2 MOUS no sales no contracts no manufacturers its just promise mate
Sitting in ten bags profit must be tempting to take it N run
I took 3 bags from my original investment out at 24 and will do again
I'm pretty sure nothing much will happen now sp wise like a run we had 10 to 30 mate just can't see FBR been a 500 million dollar company on no revenues no binding deals
You have to be a realist Ash the recent spike was people speccing the CAT ann is coming personally I think it might move the SP 2-3 Cents max then retrace back to low teens after the ANN
Why because revenues will take 2-3 years to scale up.
It will.take a year or two to get to.mass production if Cat go ahead
It would then take another year or two to hit profitability
So you could be looking at 4 years yet to see revenues big the straps
Point is most of what we are expecting is priced in so there will be plenty of chances to buy back in trade etc
More I think about it the longer I think it's going to take to get those revenues in
A mate of mine invented a machine in agriculture had a working prototype
John.Derre took on the manufacturing its produced 16 machines in 2 years 1 million each right
9 were sold 3 recalled They hope to scale up to 200 machines next 5 years
This will take time is what I'm.saying to get hundreds of machines out next two years is a ridiculous notion
They would be flat getting 20 out first year they don't build them unless they sell them first
I'm.confident of FBR doing well like everyone else
However I like to keep it real and know full well the joys of machinery sales thru my farming background
Anyone who thinks CAt will sign and we will have 1000 HX in 2 years globally is delusional
- Forums
- ASX - By Stock
- FBR
- Massive development opportunities in India
Massive development opportunities in India, page-41
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $210.7M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.3¢ | $361.2K | 8.191M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2272093 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 1559834 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.043 |
2 | 3365000 | 0.042 |
6 | 646464 | 0.041 |
9 | 1297583 | 0.040 |
4 | 599640 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 591250 | 4 |
0.046 | 301000 | 4 |
0.047 | 913386 | 7 |
0.048 | 1589335 | 5 |
0.049 | 440733 | 4 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online