No offence, and only my opinion but the market is not responding well to business with negative profit.
I refer you to their report. Page 37 -section 4.3 on future outlook where ebitda is expected to be at breakeven by late FY18.
I am not saying the share price won't appreciate in this time, but for many investors positive profit is an important factor.
I don't see value at these levels and would probably be a buyer in the 50c to 65c range.
Chart, page-45
-
- There are more pages in this discussion • 8,023 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $135.1M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.5¢ | $3.954K | 33.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22222 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 55362 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| FLC (ASX) Chart |