this is true THGH, but FLC is a high growth company which naturally should demand a premium. If only a fraction of the China work comes through the revenue will be many hundreds of millions of dollars. Even if that isnt break even for another 12-18 months time, if they are able to reduce costs (due to volume) by 10 or 20%, very quickly we are making 10, 20, 50 million in profit. I would expect that by the end of the year FLC will be 50% or 100% higher than where it is now simply on this.
Chart, page-52
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Last
15.5¢ |
Change
0.003(1.64%) |
Mkt cap ! $166.8M | |||
| Open | High | Low | Value | Volume |
| 15.3¢ | 15.5¢ | 14.5¢ | $20.46K | 135.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 106426 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 54956 | 3 |
View Market Depth
| Last trade - 15.55pm 10/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
Change
0.003 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.0¢ | 15.0¢ | 30090 | ||
| Last updated 15.55pm 10/05/2024 ? | |||||
| FLC (ASX) Chart |