The WaaS business model needs to prove out via quarterly cashflow statement that there is X profit to be made per HX unit ... then the order for 20 will take us into the mid 50c range.
When the order for 300 comes in it's really anyone's guess... if the Americans are seeing the disruptive tech for the first time and they are shown profit projections FOMO on it's own could drive us into the $5 range ... I just hope we can get there before CRH makes a takeover bid as I'm 80% sure they will.
You must realise we're not a building company but a disruptive tech company... Take a look at the likes of some other disruptors ... Airbnb, Netflix, Amazon (Not comparing the current FBR with these disruptors ... just the potential of our tech in the trillion dollar market)
Catalyst for re-rate, page-4
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $183.3M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.7¢ | $101.2K | 2.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 9149793 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 144620 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FBR (ASX) Chart |