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14.6%

4.7¢ fbr ltd

The 20-30c target nonsense is just the day traders looking for a...

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racetek

146 Posts.

10/07/17

10:13

Post #: 25762479
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Originally posted by dimitri.vid ↑

One thing I do know, from investing through many cycles since the late 80s, is that technology-related stocks normally end up close to or north of a 100 p/e ratio, particularly ones that are the first movers and disruptors in an old industry, like automation and/or AI in construction. When they start making sales. Call it irrational exuberance, crowd psychology, fear of missing out, dentist investors, or whatever you want. That's what I've seen. I expect the same from a first mover like FBR. IF they can get themselves together and launch commercially quickly now that they've told the world about HX and CAT.

I don't understand this whole 20c-30c target nonsense. I understand $10 plus. Based on the above.

Just my view. Do your own research.

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The 20-30c target nonsense is just the day traders looking for a quick buck. If you take this company to its logical conclusion its SP should be way past that, as any true investor in this company will appreciate.

FBR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.7¢		Change 0.006(14.6%)		Mkt cap ! $208.7M

Open	High	Low	Value	Volume
4.3¢	4.9¢	4.0¢	$1.290M	29.35M

Buyers (Bids)

No.	Vol.	Price($)
2	71031	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	220000	3

View Market Depth

No.	Vol.	Price($)
2	71031	0.047
4	573483	0.046
3	1500000	0.045
6	755000	0.044
2	550000	0.043

Price($)	Vol.	No.
0.048	220000	3
0.049	656886	7
0.050	949710	7
0.051	50000	1
0.052	595217	2

Last trade - 16.10pm 09/07/2024 (20 minute delay)

FBR (ASX) Chart