How is the collapse of Probuild relavent to FBR or an indication that FBRs strategy is in peril?
FBR is targeting single and double story detached residential houses.
Probuild build very large multistory buildings and towers.
I completely understand and agree that the FBR ROIC (return on invested captial) is worse than terrible, and that at the moment there doesn't look be a funding pathway to build the required number of HXs for FBR to be profitable.
But I cannot see how the future of Probuild has any impact on the future of FBR.
How is the collapse of Probuild relavent to FBR or an indication...
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $182.0M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $33.11K | 849.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 995760 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 140000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FBR (ASX) Chart |