FBR 6.67% 4.2¢ fbr ltd

ASX FBR 3-7 year outlook serious discussion, page-82

  1. 6,553 Posts.
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    I don’t care what race or country it is or who it is. I am
    accepting of everyone all people are equal in my world.

    So you buy small parcels now not big chunks as you have been calling them.

    Accumulating hard for what purpose financial ruin ?

    I can only think you need a tax deduction for whatever reason this is in no way remotely Investment grade.

    TA is looking very sick I suspect very low threes are imminent. The support at 3.4 is disappearing rapidly. That gap at 2.8 will get filled in my view. If your draw a line from the 30 cent high to the current sp over a three year time frame what do you see?

    This has been in s primary downtrend for not months years it’s a stinker TA wise gaps get filled 2.8 cents is almost a given.

    What other TA case could anyone present the trend is clear to see . Bet those tipping in more yet again are not too happy.

    Honestly I just can’t see a turnaround unless this machine can get mass produced somehow I mean dozens hundreds for it to be any chance of causing disruption to the construction industry

    Right now it’s not even hardly rating a mention anywhere got any recent peer reviews any engineering magazine articles all the majors I get don’t mention them.
 
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