FBR 0.00% 2.4¢ fbr ltd

And this has been a problem right from the IPO days. The info on...

  1. 3,372 Posts.
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    And this has been a problem right from the IPO days.
    The info on the blocks and the endless repeats of testing yet another new block.
    Originally the HX was sold to investors that it could lay the bricks that were available that the builder wanted to use.
    Not specific bricks/blocks that were only specified/supplied by FBR.
    No doubt there are lots of excellent technical reasons for that change.
    But this change was I believe never explained to shareholders and is why FBR started developing the FWS blocks (announced early in 2018) which was followed by the CAT deal falling over.
    I couldn't understand at the time how CAT building the machines and selling them to builders was ever going to work with the requirement to use only FWS blocks.
    Now in 2021, there still isn't a published plan as to who will mass manufacture the HX, and FBR are clearly still trying to figure out the specifications of the blocks to commercialise the HX with. These few builds thus far are good, but it seems that the HX still isn't ready for serious commercialisation.

    Still, FBR is worth a small punt.
    At the moment, I'm only here for the small peaks that I will try and sell into, buying in the tough that follows.
 
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