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16/07/18
09:38
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Originally posted by Hokey 5771
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I think they will need a bit more than what CAT will inject goung forward to expand mate
We could go around in circles all day about cash burn mate -let’s just see where we are at with the FY .
Then we can look at where the next two quarters . I for one will be astounded if they just risk CAT going binding in January . Personally I think it’s a certainty they will raise capital this year. I’ll say again it’s not a bad thing in fact I think it would be good management.Time will tell it’s a minor issue really to be frank .
CAT may deal with HX roll out to the world I am not sure tho what FBR will do with the DST
I think we all agree it’s not so much the machine more so the tech CAT are interested in here.
It’s great to scale up the head count many thought they would be scaling down the head count
Yet if any of you ask for a current head count now compared to a few months ago I think you will find it is higher across the business - which is great if all things go to plan . Your staff are your greatest asset in business . Long term staff are gold for these types of start ups . Bevan Slattery of PWK and NXT start up fame always said once you start upping the head count you don’t stop -if you want the business to grow.
Reputation in the corporate world is vitally important
I don’t think either of the last two guys taking positions -would of if they had not had insights into the future success of FBR
Having said that IPH have struggled for a while but the patent expertise may prove invaluable in time
I just as I said really like the ex CAT guys passion for social housing as someone who has been involved in groups over many years -addressing the issue I feel very strongly he sees a unique opportunity to use his passion in a professional sense.
All said and done when you put the events of the last two weeks into the mix you would wonder why not more buying has come .
The market is not convinced here what will it take a you tube video of a house been built -maybe a news clip on the 630 news probably not.
Solid sales orders a confirmed pathway to commercialisation and revenue scaling -now your talking the markets language
Lots of very positive posters here but it’s not really correlating to the buying is it to be fair
Are you guys banging the Uber positive drum here buying or your not really convinced enough if not why not ?
Maybe others are in the same vote as you if your a realist you know there are still many hurdles to over come .
We wouldn’t be at 18 cents if the real money men in the market were convinced trust me we wouldn’t .
It’s a very interesting 12 months coming up for FBR it’s either a goer or a fizzer that’s the reality
Most of us inc me think it’s a goer
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Hokey mate, you are a contrarian at heart, versus a lot of the post you highlighted. Which is why your post is highly valuable here. As for the social aspect, do you think if FBR should go into the non profit arena, how would this affect value to shareholder? Obviously we'll be dealing with government bodies and we know that can be full of red tapes/bureaucracy.
On the subject of contrarian. I found this quote from Luke that describe it perfectly.
https://www.biblegateway.com/passage/?search=Luke 6:22-33&version=NIV
Blessed are you when people hate you,
when they exclude you and insult you
and reject your name as evil,
because of the Son of Man.
23 “Rejoice in that day and leap for joy, because great is your reward in heaven. For that is how their ancestors treated the prophets.