FBR 0.00% 2.6¢ fbr ltd

Let's face it, the ship has sailed some years ago for us...

  1. 2,363 Posts.
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    Let's face it, the ship has sailed some years ago for us small-fry investors.

    I don't think that generation of a revenue and positive cashflow is even the slightest bit a priority for management. They love to design and develop the lovely tech and they get rich doing it.

    As such we will probably be bought out for a 30% premium at 3c per share by a big fish. This would allow the management to rake in millions of dollars from the bonus shares that we've voted for them to accrue over the years AND it provides them with a very big cheque book to continue doing what they love: playing with the tech.

    Any offer for a buy out from a big fish will easily be pushed through because us shareholders have given them a huge amount of voting power over the years via bonus shares. It's their company now, not ours.

    Thanks for funding the future of robotics and construction, FBR holders! It wouldn't have happened without your belief in us!
    Last edited by _5had0w_: 07/09/23
 
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