Yeah the Coronoavirus is hitting all stocks hard but the issues with FBR are also of their own making.
As far as the market is concerned their has been no progress on the Archistruct Display Home. The Summit JV appears to have been mothballed. No progress in Mexico, Middle East, Europe etc.
Time slipping away and money running out.
Another CR is needed but why would anyone throw more money at them. While their communication has always been poor, it is now disgraceful, so it's any wonder FBR are heading to bankruptcy.
In my mind it really is that dire, with managements aptitude to respond non existent.
FBR General Discussion, page-211
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $186.8M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 4.0¢ | 3.8¢ | $405.2K | 10.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3436326 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 54334 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FBR (ASX) Chart |