Dear FBR Investor Relations,I am writing as a long-term...

Dear FBR Investor Relations,
I am writing as a long-term shareholder in FBR to express my concern regarding the apparent lack of direct communication from senior leadership concerning the dissolution of the CRH joint venture.
While I appreciate the ASX announcements released to date, I believe a more comprehensive explanation is warranted, particularly given the significance of this development and its potential impact on shareholder value.Specifically, I am curious as to why the CEO or Chairman has not hosted a webinar, investor call, or similar forum to address shareholder concerns directly. Such a platform would provide an invaluable opportunity to:

• Elaborate on the specific factors that led to the breakdown of the joint venture, going beyond the details already provided in formal announcements. Transparency in this regard is crucial for investor confidence.
• Outline the strategic alternatives being considered by FBR following this dissolution, including a detailed assessment of their respective potential risks and rewards. This should encompass a discussion of how the company intends to leverage its technology and expertise independently.
• Address shareholder questions in real-time, fostering a sense of engagement and open communication. This would be particularly beneficial in allaying any anxieties about the future direction of the company.

I understand that commercial sensitivities may preclude the disclosure of certain details. However, I believe a carefully structured communication strategy, led by the CEO or Chairman, could provide a significantly greater level of transparency without compromising FBR's competitive position.
In the absence of such direct engagement, speculation and uncertainty are likely to persist, potentially further impacting the share price. I therefore urge the board to consider my request and provide an update on their plans for enhanced communication with shareholders.

I look forward to your prompt response and a more transparent dialogue moving forward.