And I agree with you. Sentiments on the ASX are not going to help FLC , not with oil, gas, mineral stocks doing much better than stodgy infrastructural, waste water stocks, making inroads into China and the Rest of The World. The buying pattern on FLC reveals that. The buyers are patiently letting the sellers come to them. FLC just needs to plug on and get profitable, and not just EBITDA wise, but NPAT as well.
@frostieshake. China has never attacked anyone. It has been the opposite. They were occupied by the British and they suffered humiliation, literally stripped during the two opium wars. Ever since the Sino Vietnam border war in the late 70's, China has never been in a conflict. The West is threatened by another economic power and USA losing prominence. But I am optimistic. I think the leaders of both USA and China see through their own rhetoric and don't want any conflict, not when so much can be gained through co-operation rather than conflict, not when technology can be harnessed to do so much for the common good.
I might be naive. We shall see.
