FBR

2.22%

4.6¢ fbr ltd

News: FBR FBR Ltd Announces Placement Of 122.2 Mln Ordinary Shares, page-17

First 17 Last

Share
Profile

Follow
Ankhenaten2

2,359 Posts.

473

05/12/19

22:55

Post #: 41824463
Share

Originally posted by madjamo: ↑

Good Afternoon all,

As we all know a capital raising was required by the first quarter next year and as such I find it interesting that their is shock and horror.
The tech has not failed, the share price is not 2 cents. In fact I drove past this week and saw the machine operating outside in 40c temperatures
Interesting to note that the capital raising was for $4m however the subscriptions received was for $5.5m.
The proceeds for the capital raising could be used to procure new Hadrian X body parts sourced from around the world and put together in perth.
That could be why the cap rising was fast tracked, in the scheme of things another $10m-11m in new share allotment is minimal.
Why would they raise only $10m? As they know funding is in the pipeline from other parties JV or other.

Why would management do a roadshow when they are not obliged to do one?
Because they want to explain to everyone who missed out on the AGM the future of the company, specifically how Weinerburger needs FBR in order to maintain their market position and expand.

On a side note Weinerburger has 2 positions that are advertised that directly refer to forming a strategic alliance with Weinerburger.
The hadrian X was pictured in Weinerburgers 200 year anniversary magazine with a brief article.

Ask yourself has any major shareholders sold any shares recently? The answer is no.
Did 98% of people approve a 10% placement facility? Yes
Does the company currently have a joint venture agreement with Brickworks? yes
Has brickworks, summit, archistruct and Weinerburger done due diligence on FBR? Yes
Has the build been validated by an independent structural engineer? Yes
Has the government approved use of the Hadrian X for the display build and all other builds Australia wide? Yes

The Hadrian X can build a 3 x 2 structure in 2 days as per the chairman, with confirmation that it could currently do the build in 1 day.
If you are an investor do the numbers and work out the revenue from one machine and ask yourself what that revenue would look like x 100.
But the is only one revenue stream, New patents for other construction technologies are being filed constantly this is not just a robot bricklayer.

Please attend the meeting as you can ask all the questions you like and make an informed decision on your investment.
Everyone who attended the AGM asked relevant questions on finance, Weinerburger, Mexico, Saudi , funding, speed of machine and protection of IP. I came away satisfied and knew the direction the company was heading.

Expand

some folks on this forum don't understand venture capitalism, nor do they know fundamentals they can only look at charts, which is useless from a venture capitalist standpoint and totally garbage from an angel investor his viewpoint.

They will learn soon:

the stock market is the transfer of liquidity from the impatient to the patient.

FBR Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

BUX

Buxton projects new graphite province discovery at WA Narryer play

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 1 more message in this thread...

First 17 Last

Add FBR (ASX) to my watchlist

(20min delay)
Last 4.6¢		Change 0.001(2.22%)		Mkt cap ! $221.9M

Open	High	Low	Value	Volume
4.6¢	4.9¢	4.5¢	$387.1K	8.299M

Buyers (Bids)

No.	Vol.	Price($)
4	315279	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	221109	2

View Market Depth

No.	Vol.	Price($)
4	315279	0.046
15	852119	0.045
6	638488	0.044
7	551192	0.043
8	942829	0.042

Price($)	Vol.	No.
0.047	210477	1
0.048	63340	1
0.049	752000	4
0.050	884463	4
0.051	371342	5

Last trade - 16.10pm 04/10/2024 (20 minute delay)

FBR (ASX) Chart

News: FBR FBR Ltd Announces Placement Of 122.2 Mln Ordinary Shares, page-17

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

News: FBR FBR Ltd Announces Placement Of 122.2 Mln Ordinary Shares, page-17

Top Stories

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News