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FBR Ltd (FBR)

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0.029 -0.003 -9.38%

27/09 - Closed. Currency in AUD ( Disclaimer )

Volume: 3,115,201
Bid/Ask: 0.028 / 0.030
Day's Range: 0.028 - 0.033

Type: Equity

Market: Australia

ISIN: AU000000FBR4

FBR Ltd Company Profile

Get an in-depth profile of FBR Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryMachinery, Tools, Heavy Vehicles, Trains & Ships

SectorIndustrials

Employees

-

Equity Type

ORD

FBR Limited designs, develops, builds, and operates robots in Australia. The company engages in developing the Hadrian X, a construction robot that builds block structures from a 3D CAD model; Fastbrick wall system; and dynamic stabilisation technology (DST) that enables robots to work outdoors in unstable and unpredictable environments. It also offers intelligent control system software that converts wall sketches into block positions. The company was formerly known as Fastbrick Robotics Limited and changed its name to FBR Limited. The company was incorporated in 1999 and is based in High Wycombe, Australia.

Contact Information

Address 122 Sultana Road West
High Wycombe, 6057
Australia

Phone 61 8 9380 0240

Fax 61 8 9380 0240

Web www.fbr.com.au

Top Executives

Name	Age	Since	Title
Mark Joseph Pivac	-	2015	CTO, Founder & Executive Director
Richard John Grellman	71	2018	Independent Non-Executive Chairman
Michael John Pivac	-	2015	CEO, MD & Executive Director
Peter Scott	-	2018	Member of Advisory Committee
Greg Smith	-	2020	Independent Non-Executive Director
Curtis Rodgers	-	2018	Member of Advisory Committee
Grantly Martin Anderson	68	2019	Independent Non-Executive Director
Nancy Jane Milne	69	2022	Independent Non-Executive Director

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Joe Sola Sep 09, 2020 23:39

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l like to go again the odds, yes it's a big ask but I do believe the company's on the right truck and will deliver to it's potential very soon. It's only a matter of time.

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Phichol Lee Feb 07, 2019 12:56

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Struggled to stack up the maths.Don't think the technology makes strong economic sense yet.1. If Handrian X can lay 1000 bricks in an hour, should only take 1 day to build a house, not 3. A proof that the operation of the robot is not that automated2. Building a house in 3 days, plus running cost, eg high skill operators, maintenance, etc, is not much cheaper than hiring a couple of brick layers to do the same job. Don't see how it justify the $2m bill of a robot.3. WaaS limits the potentials of earnings. Assuming you save $10k on each house built, you need to build hundreds to foot the multi-million bills the company is currently running with, and they only get 50% through the JV.4. Seems the company will continue to run with millions of loss for some time, and require additional diluting capital until tech is mature enough to yield economic benefits. The current market cap of $150m is a big bet.

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Kevin Edmunds Feb 07, 2019 12:56

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it said 300 a hour mate

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Kevin Edmunds Feb 07, 2019 12:56

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bricks are 12 times the size of an average brick , just wait it will take over the industry eventually, limestone blocks aswell , cheaper , extremely faster, 10 times as accurate as a human can ever be all for the same price , ????

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Joe Sola Feb 07, 2019 12:56

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I'm with you Kevin

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Chris Johnston Feb 07, 2019 12:56

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Also remember that in Australia it can only lay bricks during regulated hours ie from 7am till 7pm, or what ever the end time is. It can't lay 25 hours a day here. But it can lay at night, and in the rain. That is where it indisputably beats humans, if there are any doubts over speed and accuracy

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Chris Johnston Feb 07, 2019 12:56

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24 hours rather

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