FBR 2.70% 3.8¢ fbr ltd

Naysayer Checklist, page-35

  1. 566 Posts.
    lightbulb Created with Sketch. 30
    Its pretty obvious many of the naysayer opinions here know nothing about the building industry, and next to nothing about building houses generally. Most residential housing developments involve thousands of homes being built in new suburbs; builders buy streets at a time. These machines would be bought by hire companies and hired out to several builder/developers. The moment it gave one builder an economic edge, everybody would be in. Assuming a deployment rate of say 160 homes per machine/pa then a 5 year housing development of 5000 homes would keep say 6 machines busy full time in that suburb alone.

    Of course it won't be quite that simple and it won't start like that. But in my area alone we've got at least 5 developments happening on that scale within 20km. There is no way that this machine - or more importantly, the technology behind the machine - is not going to make a disruptive impact on the building industry world-wide.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.001(2.70%)
Mkt cap ! $183.3M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $101.2K 2.689M

Buyers (Bids)

No. Vol. Price($)
56 9149793 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 144620 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.