Wow 172 replies to the thread on the day of the announcement, looks like I've got some reading for tonight.
At first glance all I've seeing is the downrampers come out the woodwork (like clockwork lol) complaining about FBR doing a 50/50 deal with Brickworks. Are you actually effing kidding me?! The largest aussie brick supplier has a client list a mile long, most of which will have projects spanning the next few years and you're telling me that FBR on it's own would be able to generate more revenue if left to tackle things on it's own? Please. Brickworks could take 70/30 in this deal and FBR would still make more profit than trying to navigate the aussie market alone.
Geezo all these HC geniuses trying to act like financial directors... FBR already have people in these roles working round the clock to predict the best way of making money in the aussie market, and given the fact they've gone with the JV route, I'm gonna take a wild guess and say that was by far the best potential for profit.
As usual a massive milestone for the company is spoiled by the folk who clearly missed the boat in the 7c region. Big props to the guys who saw that Fastbrick Australia was a registered business and that the docs had been submitted. Very exciting times here.
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Wow 172 replies to the thread on the day of the announcement,...
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