FBR the next 6 months, page-159

IMO Charting is only really helpful for entry and exit points. FA is good to decide whether you should invest or not.

Every now and then, when directors know what theyre doing in the public listing space, they will strategically make an announcement when their sector or stock is showing technically bullish signals. I believe good directors should always try to leave 1 or 2 non-speculated cards up their sleeves, ready to be announced when Technicals are in favour.

I dont believe FBR management are strategic in this way, rather they seemingly abuse their pride in that the product will sell itself. Its not nessicarily a bad trait, but somewhat ignorant to potential strategic value.

In a way im glad FBR do not pump their stock, as when the tide rises in the ASX speculative market, FBR is due for a positive re-rate.

• ASX 200 is the highest its been since 2007 and not far off making all time highs.
• ASX is starting to take off.

Species are lagging but have some catching up to do.

We are currently worth less than when we had no HX or Jv Or WB partnership.



We have spent the last year facing reality and overcoming failure. Just because it hasnt happened yet it does not mean it will not happen. History has proven that every start up company faces the same cycle moving from hyped up prospects to a company that that speaks words in $$$.