FBR thoughts on recent activity

In my mind it is all starting to piece together...

first FBR starts a blog and the share price improves
5 Feb - then they announce a MOU with Brickworks....and yes we were all surprised by the 45 day timeline which got us all excited.
11 Feb - then another video comes out showing an outdoor build, but needless to say many people still had some doubts
21-25 Feb - trading halt and then FBR raises $17m at 10.5c per share

and now today, what do we have.... 1) another failure to finalise a MOU on time, making everyone think the 45 day due date was a setup, and 2) a dropoff in the blogs.

if I was one of those institutional investors who took up the placement at 10.5c, I would be feeling like I was taken for a ride