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.
Companies don't have to make a profit for their SP to grow. E.g....
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $85.67M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 18.5¢ | $38.66K | 191.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11230 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 21860 | 1 |
View Market Depth
| Last trade - 14.55pm 24/07/2024 (20 minute delay) ? |
| FLN (ASX) Chart |