Despite Hokeys history of drivel and rambling, none of you have actually answered the question yet.
His points are valid, the future of the company is very murky, expenditure astronomical, company finances reliant on continual raises and RnD rebate. Revenues to date are dismal compared to expenditure (not even considering trying to earn back what's been spent on development so far)
There's a long and winding road to lead to profitability for FBR, if they even make it that far. My bet is they fold within the 3-7 year time frame, eventually they'll run out of money and run out people willing to give them more to piss away.
In coming "downramper" accusations
Despite Hokeys history of drivel and rambling, none of you have...
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $200.4M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.2¢ | $769.0K | 17.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 403482 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |