Ann: Chairman's Address to Shareholders, page-105

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herewegoagain1

5,861 Posts.

1998

22/11/18

00:38

Post #: 36595169
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Originally posted by Hokey 5771 ↑

Originally posted by ash007
Yah they've done really well. As expected, not many aussie invention actually made it to global stage alone without some "give away". Someone mentioned "orbital". Might be history repeating itself. Still think they have a chance. Perhaps they are still negotiating with CAT but don't expect much to happen. Brings in perspective on the different "clock speed". I think at that point they might ahve already hinted CAT might not be a suitable partner afterall. I think the market has spoken in this regards. Looking at below 10C now once CAT is out the bag next year? You think?
I don’t know mate I held such high hopes a little Perth company would do something great for the worlds social housing issues and provide rapid shelter in disaster relief and refugee camps rebuild war torn countries

All seems a bit of a pipe dream as im
sure it will get taken out long before that or just get starved out into given up the IP for a song like most inventors

i have been sceptical for awhile that no board or directors have been actively buying stock seemed odd to me if you truly believed they now have a shed load of free shares gifted in a plate what do we have pushed back timelines a MOU with CAT looking increasingly shaky and a Ropey video with a SP below what it was a year ago
I really hoped FBR were going to be an exception to a lot of spec start ups who over promise and under deliver with failure to execute timelines for holders anyway

Oh we’ll see what plays out I’ll sell the rest of my holdings I think and follow them if they come good reinvest next year in the mean time I’ll try to offer my genuine opinion as I always have on FBR it’s a shame a lot of what I said was so shunned it’s playing out in front of us
It sounded like a good story back in 2015 hit a huge roadblock in my view now

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Come on Hocky there are hundreds of company with delayed timelines and MOUs ! It means jack shit , they have a real product about to be refined and proven to their key stakeholders , you make it sound like they’ve just gone into liquidation ! Let me guess next announcement Weiner just injected $ 50 mill ! What would you say then ? you’d do a full on back flip , hey I told you guy this little company had it in them blah blah blah ..... sorry mate but why do you put yourself out there talking doom on negative news , which by the way is no way near as bad as what your making out ! and nothing but praise on positive news ? Your either in or out mate which is it , try to keep a consistency , we all get a bit pissed when things are handled poorly , there is still many positive with FBR and different scenarios that might play out .

FBR Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

2 Great analysis

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