well, if you do decide to come back to the great land of Oz...

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3,372 Posts.

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15/03/20

17:04

Post #: 43502980
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Originally posted by Hokey 5771: ↑

Evening chaps Ah even the most ardent fans are capitulating accepting that FBR are a poor investment eureka only taking you two years mate and 90 per cent of your capital profit lost from 30 to 2 cents

well at least you know now it’s a dud that’s ok

The problem is cash it’s always been cash you can’t burn 32 million cash pay 200 people spend spend with zero revenue no clear pathway to any

The flashing red light was not getting the last raisings away embarrassing take up that should have been the final wake up call

it’s too late market destruction of the SP has been going on for two years nothing to do with the fake news virus you know right 25000 people died of cancer today they still sell smokes funny that

Covid 19 has had NOTHING to do with the collapse of the FBR stock price it’s been collapsing for TWO years FYI

Holders blaming the virus is ridiculous it’s just the catalyst for the final washout as the SP has no where to go this low but down on any market weakness and the fact is seriously if ever a builder was NOT going to order a machine it’s now

Housing in Australia is about to be decimated Sydney Melbourne next three years slaughtered people already listing way under the last months asks

read the play agents in the US reporting record listings as people worry about jobs it’s on short housing short hard the real estate bubble in Australia is over rover

new construction will grind to a stand still as banks tighten lending further there’s going to be the mother of all recessions protect your assets sell your Investment property now in my view hold long held

augment the gains in Ip to Rip into the end of the slaughter in Housing

my model has the market at a Pivotel it week I suggest the fed will go Monday Tuesday with the biggest QE in history it won’t save the airlines some of whom will have to file chapter 11 won’t save the cruise lines

one great thing free cv19 tests for all Americans and green card holders that’s never happened in previous outbreaks massive for the red neck states

sell into the rally’s in my view I’ve got ASX 4300 inside a month after a slight bounce FBR 0,8 cents imo

but the most smashed up sectors around ASX 4400 oil airlines hotels casinos online travel wait to the guys gets ripped out of them the world will go on once the fake news virus peaks in 3-4 months the curve will flatten

trust me it’s tremendous the action here in America national guard mobilised testing ramped up to 10000 a day drive thru testing opening everywhere free for all

I am staying put here for another 6 months I can’t get into Europe and don’t want to will ride it out in the Ozarks no Ascot this year

I see FBR testing the 1.6 line this week coming breaks that sub one cent within a week good luck folks signing if for a week going hunting laters

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well, if you do decide to come back to the great land of Oz where the health care is 100% free....
Scott Morrison announced today by law that all arrivals will have to self isolate for 14 days.
Not fake news.

FBR Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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