Questions as to why Henry has no shares can only be answered by him, but it could be, for example, that his finances are controlled by his financial adviser, he doesn't want the currency and tax issues associated with being a US citizen investing in a foreign country, he is represented by one of the institutional holders, he doesn't believe in holding shares, I don't know. And frankly I don't care. He is doing his job in building the business and everything else is unimportant.
There is a huge disconnect between the growing business and the languishing share price. To me this represents a genuine bargain, possibly the greatest bargain on the ASX at the moment. This disconnect is where fortunes are made. Just look at the business being written as above. This is not a hopeful explorer, doesn't depend on the price of commodities or the weather, is a genuine disrupting technology business providing waste water treatment, desalination of sea water, converting foul waste water to usable water and energy and more. In other words, what is essential to the world now and going forward. It's operating in a huge market where projects are too small for the majors to bid on, but also is getting a toe hold in larger markets. The technology is held in Israel with factories in China and Israel and (I think or maybe coming) the USA. It has the advantage of low operating costs and can finance the whole deal and sell the treated water on and ongoing basis.
There are fortunes to be made . .
Me? I'm just a mug punter but with a long background in small business and accounting. I am no financial planner and have no relevant qualifications. But the potential, let alone the current growth that is Fluence just knocks me out.
This is written with all care and no responsibility. DYOR.
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