I didn't invest in the SPP, I thought long and hard and Mike did a very genuine roadshow.
I have bought FBR many times over the last 3 years as I believed the business was being de-risked at every milestone, so I'm a bit gun shy now and although I hope it will be a winner one day there may well be a further cheaper entry point.
i was also a bit concerned about the large buy orders sitting at 4.4c and 4.3c etc. To me they looked artificial just to prop up the SP while the SPP was underway, and I expected them to evaporate once the SPP closed.
But they are still there which is also a bit puzzling, it's been pretty rare that there are more total buy orders than sell orders for a long time.
Anyway, still expecting big things, but FBR just need to get the HX out the door now, over to you Simon Amos....
FBR Price at posting:
4.5¢ Sentiment: None Disclosure: Held
