FBR 4.00% 2.4¢ fbr ltd

Like most holders, really looking forward to Monday to see where...

  1. 65 Posts.
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    Like most holders, really looking forward to Monday to see where the share price goes on opening. Could be an exciting day. For most shareholders this will hopefully move them into the green after a long journey riding the downward share price.

    Given this looks like only the start of the journey, the excitement will predominantly be a relatively small "paper" gain in value in shareholding versus where it will end up if agreement is executed. Really signifiant share price inceases will not happen until the option for the first 20 Hadrian X's is confirmed. As this will be the real indication we have true "commercial" machine and actual commitment. Whilst it will be really tempting to take some profit, the real and much larger prize is still to come.

    To all the long term shareholders, lets enjoy this short term ride and hopefully the gains on Monday.

    After that point it is going to be a REALLY frustrating waiting game. As whilst there will be progressive announcements on Hadrian X to US, new US Hadrian X's production, passing the testing at FBR site and progress towards the completion of the 10 builds in Florida, none of these are going to be meaningful steps. As I expect the new share price will assume (and price in) there is not risk with these steps. The largest unknown is the successful completion of the 10 Florida house in line with the agreed metrics.

    Think we will waiting until late Q3/Q4 for any meaningful news on if the options are going to proceed. This will feel like a long time !!

 
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2.4¢
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Mkt cap ! $106.5M
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2.4¢ 2.6¢ 2.4¢ $128.5K 5.210M

Buyers (Bids)

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9 1202606 2.4¢
 

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Price($) Vol. No.
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Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
2.5¢
  Change
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