FBR 2.63% 3.7¢ fbr ltd

https://www.asx.com.au/asxpdf/20180409/pdf/43t1ky8lny5h0t.pdf...

  1. 6,272 Posts.
    lightbulb Created with Sketch. 494
    https://www.asx.com.au/asxpdf/20180409/pdf/43t1ky8lny5h0t.pdf

    "After DST testing, the Hadrian X programme moves to a Factory Acceptance Testing (FAT) phase. This
    testing process requires the Hadrian X to build structures in different configurations within a controlled
    factory environment. It has been designed to ensure that the Hadrian X can lay blocks in every
    combination, including routing and cutting, from slab to cap height, as required for building low rise
    residential and commercial structures. This testing process is presently scheduled to take several
    months.
    Following FAT, the Hadrian X will then move outdoors for field testing in preparation for its first house
    build, a 3-bedroom, 2-bathroom structure, known as Build1. Completion of Build1 is presently
    scheduled for the second half of calendar year 2018. All plans and preparations required for Build1,
    including the 3D CAD model design, have been completed and approved and slab preparations
    have now commenced for the Build1 structure."

    I would argue that considering they announced FAT is complete and they built build 1 without routing, they are obligated to tell shareholders what went wrong.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $178.5M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $186.5K 4.861M

Buyers (Bids)

No. Vol. Price($)
54 7399229 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 178324 6
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.