FBR 5.00% 3.8¢ fbr ltd

Done and dusted, page-331

  1. 1,123 Posts.
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    I dont think fbr is looking for builders to become partners who fund hx but rather get a number of builders interested and willing to use the technology prior to contracts with a third party who will fund the machines and provide service to multiple builders. I've been wrong before and like the rest of you I will be happy regardless and the sooner the better.

    FBR dont seem in a rush sadly, the wait may be a bit longer. Unfortunately they have never displayed the mindset for business and profit and are happy raising capital until such a time that suits them.

    What they are great at is bringing new tech to life. It will sell itself long-term most likely rapidly but short-term im guessing they are trying to perfect a model prior which comes at the cost of further capital and longer waiting time for revenue of relevance. The other thing there good at is surprising us once in a while hence im saying I could be well off on my assumption.

    The good thing is they are bringing in international and local interest and demonstrating what the hx can do for clients. I will continue to hold my shares for a long time and I also have a sum of money on the sideline should we see a much lower entry price as I believe this puts me in a winning position either way.


 
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