If it was 25m a quarter, we wont be sitting at this level.
You are investing in a start up company.
There are recurring revenue and the new contracts will be varie quarter by quarter.
The company isnt going to go bankrupt.
China does indeed has water pollution problems and they do have problems with their political system.
They have multiple partnerships in different province, so give it sometime.
The company might need to focus in a different geographical location.
As someone highlighted in previous post, top 20 holders hold tightly whilst retail holders continue to sell down with fear.
Start up companies dont make millions or billions overnight. You invest base on its future potential.
1 year,2 years or more so be it.
People who sold out in the high 80,70 or 60 will try to create more fears whilst they are accumulating.
Others will also take the opportunity to average down. No point to get mad as it doesnt bring you any benefits.
FLC Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
