FBR 2.70% 3.8¢ fbr ltd

Baby Giants, page-12

  1. 698 Posts.
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    The reason I posted it is because it important to hear contrary views on our investments.
    Holders need to be careful not to be starry eyed.

    The podcast may not have a good understanding of FBR's inner workings but if you listen humbly and charitable you will learn.
    FBR has been a shocking LT investment for everyone....the podcast acknowledged that FBR is still around. They have a product and a story that keeps people believing but the proof is in the pudding...when it's baked.

    Q3FY22 revenue was <150k and they are winding down chasing revenue to upgrade the HX.
    I don't consider the builds todate as 'traction'.

    The CR was not high. The cash burn is. More money will be needed....ain't that the broken record here...
    Gotta wait till 2023 sometime now...
 
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