Companies don't have to make a profit for their SP to grow. E.g. Tesla was making losses and their SP grew exponentially.
Market sentiment is a powerful thing.
Sure, I would love to see revenue grow but I am in no hurry with this company.
When the turnaround happens, we will probs see FLN split in 2. Escrow and FLN.
Ann: 1H23 Results Presentation, page-27
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $76.65M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $17.45K | 102.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 232574 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 9885 | 2 |
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| Last trade - 11.54am 16/08/2024 (20 minute delay) ? |
| FLN (ASX) Chart |