FBR 0.00% 4.1¢ fbr ltd

Ann: Deployment of United States-spec Hadrian X prioritised, page-77

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  1. 1,466 Posts.
    lightbulb Created with Sketch. 708
    If there was such "High Demand" why haven't larger companies started demanding HX machines.

    This announcement reeks of desperation...

    It was probably M&G getting pissed of with Mike Pivac selling them spin and not delivering

    M&G threw in millions of funds to FBR almost a year ago and have negative return and no return in sight.

    A completely reckless use of funds for such a long time, when they could have just put it in fixed income and earned a minimum 5% but instead lost over 50% at the hands of FBR..

    I'd bet this announcement was the result of M&G asking what the F is going on at sultana road.
 
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