Sort of agree, except if the bottom feeders would stop with the low bids, the price would be a lot closer to $0.10 MOU announcements hadn't been made, they would have gone out of business a long time ago, without a finished product. The 'market' as of yet, is made up mostly of the bottom feeder trader I referred to previously. The concept of 'buy and hold' investing does not exist in AUS, because the ASX itself is nothing more than a gambling platform. If no 'FAT' announcement, then no departure for the US. There is a Tom Selleck western where he goes to Australia, and fights the bad guys. The bad guy wanna be gunfighter complains that some men were born on the Wrong Continent. Such as the Pivacs. The US market has no idea FBR exists and won't until they ring the bell at the NYSE. Until now, FBR has put all its money into R&D, and is not a 'pump and dump' stock, which you have to give the management a lot of credit for.
FBR Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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