With all the developments FBR made in the past 12 months in terms of building the machine and the company alike, I feel it grew big enough not to be swallowed by CAT or anyone else. They have a solid business model put forward by EY after analysing the global bricklaying scenario. No company can simply talk FBR into agreeing to its terms. FBR is unique with its own technology and they are the boss with the DST and the Hadrian
It makes sense now. $2m per machine verses x% per brick laid? The latter is better for FBR.
Although SP will sink, I am not selling a single share.
DYOR
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