FBR 2.33% 4.4¢ fbr ltd

AGM takeaways, page-138

  1. 5,861 Posts.
    lightbulb Created with Sketch. 1998
    Well said Ash , as one example ,one of the investors in SAS was blinded to this stock and has lost hundreds of thousands , they bought in on the promises and pictures of satellites in orbit ! I never saw any satellites just pictures and animations ! the company totally mislead ASX and all their shareholders ! Now FBR have grown from the animation stage to a very real product that you can actually see feel and touch ! Real JV partners , a very real need for the HX ! Just need that display done ! But as always the Pivacs are cautious and I don’t blame them being to close to festive season , as Mike said which is what they have been doing all along , “do it slow but do it right” ! Just look at the flak FBR receives on positive announcements and where’s it’s SP ! Imagine what would happen on a F up ! Slowly but surely, Patience and Patience is required for this puppy ! If you haven’t got that I’m afraid your going to struggle. I’ve always looked at this stock as a risk and a long term hold , but that risk to date is now at a 20 % risk for me and after that display is done and dusted I feel only then will people stand up and take note .
 
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