All IMO Greed and commercial incompetence are two big risks for this company (as they are for any).
Often techies under-appreciate commercialisation strategies. Spot on with your Tesla analogy and very relevant.
Even if there are board members that are appointed for this. Sometimes techies may not choose, or have the tendency to choose great board members for commercialisation, or recognise good commercialisation strategies. Depends how it is all weighted. D13 is a great example. All the patents in the world couldn't stop the administrators. Even though the technology is great and worth considerable money.
I guess larger salaries could always help to buy the technology back from the administrators in the future...
Jokes aside. I don't how this company can defend those salaries. Especially without a clear near term commercialisation strategy/money coming in. IMO share price will be expecting another raise, and after raising at ~10 cents, will they then go back to the same investors, and if so at what price and with what promise? If things change I would definitely jump in on this.
One question. When I google FBR a couple of winery subsidiaries come up. Does any one know why?
All IMO Greed and commercial incompetence are two big risks for...
-
- There are more pages in this discussion • 111 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $142.1M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.4¢ | 3.0¢ | $314.4K | 9.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1388902 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 974716 | 4 |
View Market Depth
| Last trade - 13.46pm 05/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |