Adding to your points, RWL has grown on acquisitions because on Ronald's personal backing and balance sheet. Henry Charrabe had to surround himself with a few good men (CTO, CFO, etc) and make sure that the acquisitions were made such that they give geometric, not arithmetic, returns. They have now added Ronen and Eythan onto the CTO roles.
But more importantly for us market freaks, Fluence now has the currency to make acquisitions with script, not just cash now that the combined market listing. The higher the share price, the less scrip they need to issue for target acquisitions. It is in everybody's interest that each and every FUTURE acquisition is accretive to the whole scheme of things and the share price. Watch out!. Future acquisitions will be made and it feed into the primary, secondary and tertiary segments for the small and mid size markets that will expand the market footprint.
Richard Irving will now have a much bigger story to tell. Ross Haghiat is key. He has to make sure China is executed well.
FLC Price at posting:
85.0¢ Sentiment: None Disclosure: Held
