And worth noting that as a company FBR will ride through any financial or economic storm that occurs in 2018 or 2019.
Yes the share price would/might take a hit (maybe even a large hit at times), but FBR has zero debt and loads of cash.
Enough cash in fact to pay for another 2 years of operations at least. Therefore as a company FBR cannot fail due to local, national or even a global financial/economic crisis during 2018 or 2019.
It isn't until FBR reach the sales phase and FBR starts to rely on revenue to survive that FBR is exposed to the risks of a financial/economic crisis.
Bottom line.....if you even take a super conservative view that the share price will only rise from here at 16 cents to 24 cents at the end of 2019, then FBR is a better return than cash in a bank account.
- Forums
- ASX - By Stock
- FBR
- FBR could make you rich, or not!
FBR could make you rich, or not!, page-17
-
- There are more pages in this discussion • 652 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
|
|||||
Last
3.5¢ |
Change
-0.003(7.89%) |
Mkt cap ! $167.6M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.5¢ | $270.5K | 7.415M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 3654879 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 108427 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 3654879 | 0.035 |
20 | 3474036 | 0.034 |
4 | 879545 | 0.033 |
4 | 432937 | 0.032 |
10 | 1451755 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 108427 | 3 |
0.037 | 450000 | 2 |
0.038 | 185000 | 2 |
0.039 | 1002155 | 7 |
0.040 | 1989731 | 6 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |