FBR 7.55% 5.7¢ fbr ltd

Ann: FBR and Caterpillar discontinue MOU, page-110

  1. 522 Posts.
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    "Fastbrick Robotics has also agreed to deal exclusively with Caterpillar for the development and potential commercialisation of the FBR Technology during the term of the MOU."


    Price will tank tomorrow unless an announcement is made. 


    However, I cannot see that an exclusive deal with Caterpillar will benefit FBR at this stage.


    The technology is far too valuable to prevent FBR to deal with other entities at this crucial stage. We need to be able to deal with any entities that will benefit our commercialisation .


    Great time to top up as people will be scared and sell out.

 
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