FBR 2.33% 4.4¢ fbr ltd

Great find.Given this article on FIL and a calculation of the...

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  1. 151 Posts.
    lightbulb Created with Sketch. 46
    Great find.
    Given this article on FIL and a calculation of the buy, sell, and placement transactions it looks a bit like their [FIL] holding price now is around the 14.21 cents per share. This is better than their initial foray in 2017 at 20-23 cents.
    FIL have mercenary outlook to investing so to some extent there is some reason to think FBR SP will not tank too much in a hostile takeover. [even if FIL are involved] The Pivacs combined large holding is also another factor for some reasoning to support that notion.
    The better outcome would be FBR not thinking DST is some magic FBR discovered technology and concentration on the job of laying bricks and NOT thinking they are better to look at other non core [bricklaying] DST applications.
 
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