FLC fluence corporation limited
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Ann: Fluence Continues to Deliver on Growth Strategy, page-2

  1. Just_a_guy
    5,426 Posts.
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    30/07/18
    09:51
    Post #: 34619012
    Nice communication but the cash burn is starting to be of concern. Another 14 mil out the door next quarter will get us down to 25mil net cash, with no clear reversal of cash flow. So only another 2 quarters and I can’t imagine they’ll let this get much lower in cash reserves so c r clearly on the horizon. If anyone can convince me otherwise that would be very helpful.
    FLC Price at posting: 39.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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6.2¢ 		Change
0.003(4.24%) 		Mkt cap ! $66.74M
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6.2¢ 200000 1
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