@sell be careful what you say about upstanding philanthropists that would never do anything remotely dodgy!
Between what has effectively become a communication blackout from our from management, issuing shares to highly capable instos who have slowly but surely suppressed the share price and management failing to stop the sell down despite significant demand for stock evidenced by multiple capital raises (including at double our current MC), it is almost game over for FLC on the ASX IMO.
IMO management don’t care about communicating and are therefore complicit in the sell down (along with failing to pick up the phone, call the seller/s and ask how many shares do you want to sell and at what price. Enter one of the wealthiest people in the world who sees value at double our MC and up goes the share price – clearly not part of the plan).
IMO Fluence will de-list from the ASX and then IPO in the US within 24-48 months. IMO this will be on the basis of low liquidity and our MC not reflecting growth and future potential. We now have a single contract worth more than our market cap and it did not add any value to our market cap... of course it did initially before the bots masterfully brought the price back down. IMO our key management are loyal to those who will affect this ‘dodgy’ plan and therefore competitors and instos will/are steering clear. No one is going to try and best one of the wealthiest people in the world with a long history with key management. IMO this also contributes to the lack of interest. The share price has being played like a fiddle and if you buy in, then you are at the mercy of bots and ML & capital group offloading. Perhaps they are finished selling but the negative bot activity continues…
Our CEO is rewarded with a 7 figure salary despite the MC halving under his leadership and his efforts to address this failure appear non-existing (I am referring to investor relations, he is clearly performing very well fundamentally and IMO building a global behemoth of a company).
The only alternative I see to de-listing, and the reason for share price manipulation, is a final capital raise before releasing the brakes and calling off the bots, ML & co (and then a dual listing within 24-48 month but honestly I cant see these guys wanting the headache of a dual listing and would rather just be in the US which further supports the first theory).
I am not selling and sticking around because I believe in the company and our management (to build and run a successful company haha). I just hope we don’t get completely shafted by greater powers before the real fruits arrive… Anyone who doubts the share price is being controlled, just take a look at course of sales and tell me that is normal. Perhaps I am wrong about the "why" but the bots certainly have a mission!
