FBR 4.65% 4.1¢ fbr ltd

Ann: Change in substantial holding, page-30

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  1. 3,487 Posts.
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    Agree 100%, WB is trying to use their little tech to counter balance FBR's absolute dominance in this tech space, except they still have 5 more years at least to get to where FBR is ready to offer today not just technically, but commercially too.

    Also agree on the initial $2m, which was agreed as a test case for the other 99 machines in phase 1 to come, e.g. $1m at FAT, remaining at SAT.
    But this first $2m USD is pretty much high risk throw aways, and we all know they never throw money away, they just can't, the company is too big to let them do some thing like that, it HAS to be well justified risk!
 
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