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11.1%

3.0¢ fbr ltd

Credit Raise- Inevitable, page-289

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jcurve

3,957 Posts.

1372

01/08/20

12:26

Post #: 46235846
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Originally posted by Hokey5771: ↑

you don’t accept challenges I challenged you to a bet that FBR would fall below 2 cents you bet your account when it did fall below 2 cents you reneged so your in. I position to bag CTD his her it’s problem is they just don’t know how to model a spec with no revenue the only valuation is zero same as any business that makes no profit the value of the business is 0

how much would you pay for a fish and chip shop established for 5 years not making any profit what valuation would you place on a business

my mate down there in Perth turns over 250 k a year in his fish and chip shop works 25 hours a week 6 days he nets 150 k after costs and he makes fish n chips you see the irony that there are 2000 stocks on the ASX just 600 make a profit 2/3rds if the Aussie market has a valuation of zero

FBR is way over valued that’s why it’s 6 cents any investor looking over this the burn the cap ex the needed cap ex the dilution effect is likely going to pass a fish n chip shop is a better investment in my view than putting money in this at least you will get a return and not get diluted unless snapper is in short supply lol

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Show us your fish and chip shop mate's IP portfolio.

FBR Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.003(11.1%)		Mkt cap ! $133.2M

Open	High	Low	Value	Volume
2.7¢	3.0¢	2.7¢	$420.4K	14.48M

Buyers (Bids)

No.	Vol.	Price($)
2	400000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	704270	4

View Market Depth

No.	Vol.	Price($)
2	400000	0.029
6	1274500	0.028
5	2530758	0.027
5	1718923	0.026
8	1264880	0.025

Price($)	Vol.	No.
0.030	704270	4
0.031	1161923	8
0.032	133358	3
0.033	300300	1
0.034	120001	1

Last trade - 16.10pm 04/07/2024 (20 minute delay)

FBR (ASX) Chart