FBR 4.88% 3.9¢ fbr ltd

Not sure if SAT is done yet, but I wouldn’t sweat after...

  1. 3,397 Posts.
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    Not sure if SAT is done yet, but I wouldn’t sweat after listening Mike talked about the next 2 months plan in US.

    Seems the order is SAT, then likely CR at same time at same trading halt (at 56:50, Mike said first site testing with CRH and building partners, and investment community before publicly build 10 houses, likely cornerstone investment and easy pitch really as SP likely rises significantly later), Demo, then the most important part, based on the feedback from public builds and see if there is industry demand for 20 units, he sounded very confident there will be.

    FBR has had huge plan for the very first time to stir up the biggest media marketing storm over the next few weeks, to generate as much interest and feedback as possible, a lot of new people will come onboard with very limited shares on sell side in the market, I can’t imagine how far is SP going to hit, may well surpass CAT’s days high,  30+c very likely.
 
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