I think you are right, the value of the company must be protected.
I think the issue is that no one in the exec team have any experience in running a listed company, and when you combine that with investors who are not vested in FBR then we have what we have, Shares are in the foetal position sadly.
If the directors got a strike last year, then another is surely coming, which means they take their eye off the prize to deal with that as well.
I've said for a long time I'm not sure that our now Global CEO is the right guy for this role. He's had 6 months in the gig now and despite "significant global interest" has not achieved anything worth informing the market about. I think he barely muddling through it, and at the same time is a control freak which is paralysing the company.
FBR Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
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