A company promising to replace the humble brickie with a robot that can build a four-bedroom house in two days has had a promising first day on the ASX.iStockAustralian investors have begun buying in to the rise of the machines, as a company promising to replace the humble brickie with a robot that can build a four-bedroom house in two days hit the ASX boards.
Fastbrick Robotics started trading on the ASX on Wednesday, and was up almost 4 per cent by midday.
It backdoor listed through DMY Capital and in a sign of investor demand for robotic automation, it raised $5.75 million, substantially more than its $3 million target, in an oversubscribed prospectus capital raising.
The capital will be used to fund the construction of the company's Hadrian 109 robots for commercial use, with the first robots expected to be rolled out in Western Australia in 2017.
Fastbrick Robotics' Hadrian 109 robot will be able to lay the bricks for a four-bedroom house in two days. SuppliedFASTER AND BETTER THAN HUMANS
Read more: http://www.afr.com/technology/robot-bricklayer-that-can-build-a-home-in-two-days-impresses-on-asx-debut-20151118-gl1oa9#ixzz3sAZLZcuy
Replies
Some women object to being whistled at ..like Adel :
Well goodby brickies ..some pretty girls may miss some of you who whistle at them as they walk by..this whistle was to show you that they found you very attractive ...and no harm to you in anyway although a few of you objected