FBR 5.41% 3.9¢ fbr ltd

Anything is possible but that means $0.04/sh and I do not see...

  1. 6,523 Posts.
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    Anything is possible but that means $0.04/sh and I do not see that. 2019 should be positive for FBR.
    I think that investors are getting out because they are not sure what's coming and there could be more surprises. I'm surprised that CAT pulled out coz regardless if FBR doesn't sell the machines they still need to manufacture them and CAT is a great company to work with.

    I think not selling the machines but charging for the walls is better but there will be more admin involved but it'll bring quality insurance and safety on site.
    Earnings? Well if they can build a house in one week (I think it takes them 4 days) and charge $10,000 that's $520k/y but I think that's too cheap. On average a single storey home uses approx. 8000 bricks x $1.5 per brick = $12,000 * just rough numbers.
    (One robot should be earning $1mil/y x 100 robots... Am I dreaming?) but even at half that it's a great business.

    Not a positive day today, looking at the chart if 8c doesn't hold we are going lower.
 
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Last
3.9¢
Change
0.002(5.41%)
Mkt cap ! $186.8M
Open High Low Value Volume
3.7¢ 4.0¢ 3.7¢ $190.4K 4.913M

Buyers (Bids)

No. Vol. Price($)
3 261354 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 2135947 7
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Last trade - 15.59pm 30/08/2024 (20 minute delay) ?
FBR (ASX) Chart
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