FBR 2.56% 3.8¢ fbr ltd

Ann: FBR Half Yearly Report and Accounts, page-3

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  1. 6,553 Posts.
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    Cash burn ramping up wage bills admin dishing out shares

    Why would the patent costs have doubled did they register more patents ?

    Not much to talk about we don’t know already but the cash burn is a slight concern

    Obviously they need to ramp things up re new staff senior exec positions

    They would want tho a bit more than Mous in 6-12 months on the table

    These costs can really blow out quickly up to first revenues

    Yes they have a nice cash position but often I see this on good speccies it’s amazing how fast they go thru the coin

    Can’t imagine all that travel is economy lol

    Tho we are a first class sort of speccie I guess

    Yeah be interesting to look at cash burn in the FY and outlook going forward
 
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