FBR 5.26% 3.6¢ fbr ltd

The biggest problem with FBR and I have said it from day dot is...

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    The biggest problem with FBR and I have said it from day dot is that they are too tight lipped, telling the market the absolute bare minimum. I think the Pivacs thought this strategy was fine because the SP was stabilised in the high teens for most of the year but it has completely unhinged since CAT walking and scooping of performance shares.

    As a result no one knows what’s really going on behind the scenes and the market has lost all confidence in the Pivacs and FBR.

    Their elusive and purposely open ended announcements have done them absolutely no favours.
    Last edited by Realm.o6: 24/12/18
 
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