Given the current climate, you could apply the same logic to...

Given the current climate, you could apply the same logic to about half of the companies on the ASX where their industries have been forced to shut.

I personally think that the short-term SP of FBR and any possibility of a decent re-entry comes down to whether they Cap raise after the announcement that the Dayton house has been approved/certified combined with a strategic funding announcement/plan with a sizable partner.

If it's 1 of the two, the 15-day VWAP should be reasonable but if they tick both boxes before a CR, you might be looking at a more expensive re-entry.

Time will tell but FBR's progress and communication is certainly refreshing.