FBR 2.63% 3.9¢ fbr ltd

$12.3M market cap. No debt. $5M cash on hand. So an Enterprise...

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  1. 2,541 Posts.
    lightbulb Created with Sketch. 573
    $12.3M market cap. No debt. $5M cash on hand. So an Enterprise Value of about $7M. And there are 20 or so patents on the technology and a bricklaying machine almost developed.
    Seems way undervalued. There are a lot of junior exploration companies with no real assets valued at way more than that.
    I'm sure they'll let the machine do the talking when they start demonstrating it soon.
    Last edited by Idle Wanderer: 17/02/16
 
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