FBR 5.13% 3.7¢ fbr ltd

Investor Call 9 August 2024, page-120

  1. 409 Posts.
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    @bjk007

    "Ithink the time to consolidate is at the point they have a critical mass ofHadrian X's and are profitable. This could be a couple of years away. At thatpoint the consolidation allowing listing on other markets and meeting minprices for investment companies makes sense."

    Exactly.

    Consolidation for a company of FBR's profie generally isnt viewed positively. Without any fundamental and substantial pivot in FBR'sprofitablilty and profile to conso in the near future it can be very dangerous, mildly put.

    Recently, they have been throwing around jargons, "catalysts" ,"de-risking" etc. I hope they are not naive or repeating the samemistake of thinking they are a big FK when they are not.

    Just a series of good ANNs in the pipeline are NOT Catalysts. Unless the ANNsare binding contracts that finally propel us into profitable territory andallow projections of cashflow and profits that can prove that FBR isundervalued. Even then thats forecasted potential, not realised value.

    Consolidation should have a specifc purpose e.g. to list on the Nasdaqrequires US$4, thats some distance away.

    I can understand one of the Pivacs' motivesis to lift FBR out of the speculativecategory and manipulation by retail.

    Since 2019 up till just these few weeks, our daily SP are mostlymanipulated by just a tiny fraction of all OS shares - and we only know toowell who these might be.

    Consolidation may help to stem this. At the same time, some bigger funds mayhave a certain price range criteria and it could bring them into the picture.

    I.e. yes it could reduce the chips in hand or liquidity for fkwits like braunic, jad etc. Andif bigger players appear, they can clean up these droolingnappy-wearers.

    But if it didnt work well, lets just say 10:1 conso, we are now at around 40c and an exogenous event occurs. The market / shorters are not going torespect a price range, all they see is blood from 40c down to 4c, mostly goodANN hype, little profitable substance and a lot of fear.

    Consolidation or not, at this point in time, doesnt make a difference ??! "Just denomination of shares, value the same", "HAVEFAITH". WTF faith?


    Thisis stock markets - at the speculative end. It can mean wealth destruction. And Pivacshave prove to be far from competent on the capital markets side of things.

 
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Last
3.7¢
Change
-0.002(5.13%)
Mkt cap ! $165.0M
Open High Low Value Volume
4.1¢ 4.1¢ 3.5¢ $688.4K 18.35M

Buyers (Bids)

No. Vol. Price($)
6 607416 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 346699 5
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
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