I'm not sure what this all means in reality. I was already under the impression that FBR traded on the OTC market in USA. Their stock code was FBRKF. It this a different OTC market?
Also, Australian residents can purchase shares on the NYSE, Nasdaq so why can't US residents purchase FBR shares directly on the ASX. It's a mystery.
I haven't been posting on FBR for a while. I have been doing a huge amount of research into Tesla over the last few weeks which has taken up a huge portion of my time. Besides, no real fundamental changes have happened with FBR to model out. Just waiting on the US JV SAT happening for further clarity/progress.
In any case, I'm now fully concentrated in my FBR and TSLA positions. With only two stocks to watch, I can watch my basket very closely. Both stocks happen to be in disruptive tech which is very exciting in terms of researching and thinking. Hopefully FBR get things moving because it has been some time without coms.
