I don't know how many times it has to be restated that the issuing of the performance shares was based on a separate milestone to the so called Build 1 Outdoors previously listed on their website. The Pivacs are absolutely entitled to the performance shares. They even sought independent legal advice to ensure they satisfied the milestone.
Page 6, FBR 2016 Annual Report
As others have stated development of innovative technology takes time. Time frames change. Yes it can be disappointing when milestones change but as long as the company continues to demonstrate it is on the path to commercialisation then you can be confidant in your investment.
Speculating over wording and changes to websites is hardly constructive. If you genuinely feel that the company is failing to deliver on what it has stated or is no longer on the correct path you can sell and move on.
2019 will be a big year for FBR either way. I bit of patience can go a long way.
I don't know how many times it has to be restated that the...
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Mkt cap ! $227.5M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 5.1¢ | 4.6¢ | $388.4K | 7.984M |
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| No. | Vol. | Price($) |
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| 5 | 1922000 | 5.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 295507 | 2 |
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