FBR 0.00% 3.8¢ fbr ltd

New headquarters, page-89

  1. 1,994 Posts.
    lightbulb Created with Sketch. 246
    How do you "know" you are going to get a deal?
    Answer....you dont.
    You only "know" after the deal is signed. Up until the moment after the deal has been signed you are speculating (in this case with shareholder money, not earned money).
    Sure as the signing moment approaches you can consider that the risk of the deal not being signed the risk decreases.

    But no ann means no deal signed and based on a photo to this forum FBR appear to have already committed to the 850k per annum lease of large building without announcing
    a) what the building will be used for
    and
    b) that any binding deal has been signed to warrant that such a large building being leased is required.

 
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