It's going to have to be a hell of a pump to make use of any CR. At last years AGM, they stooged all the rose coloured glasses mob into giving FBR a 10% placement option moving forward. If this was executed at todays price (with no discount at all) it gives 7.53M which is just a shade over a quarters cash burn.
The only way to "invest" in this pig is to trade the pumps n dumps. Unfortunately for many long term holders, they will ride the wave all the way down with exceedingly bigger dreams and then a proper company will come in and buy FBR out as a whole and everyone will realise their losses.
Great technology....terrible management and marketing.
It's going to have to be a hell of a pump to make use of any CR....
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $156.1M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.4¢ | $438.7K | 12.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4020699 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 577318 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FBR (ASX) Chart |