FBR 8.57% 3.8¢ fbr ltd

DRO just raised $100m in Mar to build inventory for the magical...

  1. 3,297 Posts.
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    DRO just raised $100m in Mar to build inventory for the magical $200m sales that looks had fell through, inferior products to be written off? have to raise another $120m in July to develop a second generation products to compete, when is that to come?2026? only $24m sales H1 2024 while DRO had the biggest market hype of the year on ASX, directors dumped 99% shares at 68c, one would be a big fool to still hope that the magical $200m sales is coming. Do you?

    On the other hand, I cashed out DRO at close to $2, reinvested for ‘a lot of’ FBR shares at sub 3c! At the same time, DRO down from $2.70 to 90c, all the opportunity cost! Go FBR!

    Yep you don’t need to agree with me.
 
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