FBR 0.00% 4.8¢ fbr ltd

Ann: First Full Home Structure Built with Hadrian X, page-220

  1. 703 Posts.
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    I would note that another lot of performance shares relate to achieving  $10m revenue in a financial year. They have 2 more years to achieve that. Pretty good track record at meeting performance share milestones so far (1/1 biggrin.png), so I expect we will see revenue in FY2019 or FY2020.

    Or, the other milestone - 10 houses under a commercial arms length contract. They only have till the end of FY19 for that one, so 10x however much they will be paid for a home should be coming.

    Hang on - plenty more to go (just make sure you don't run around in circles screaming when these two batches of performances shares are issued - you've already been warned!)
 
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