FBR 0.00% 2.5¢ fbr ltd

The Hadrian project nearly died during the GFC but was barely...

  1. 59 Posts.
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    The Hadrian project nearly died during the GFC but was barely kept alive. Since this project has taken so long (still no revenue) it is a real possibility that the project will again be on the brink of collapse if a major market downturn occurs. At their current spending rates and $0 of revenue, expect your holdings to get significantly diluted. You would need to be crazy to think FBR will be unscathed in a downturn, and none of us can stop it.
 
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