”On a personal note, I am someone who focuses on generating shareholder value. Through my career, over 90% of my total income has been generated from equity appreciation. I purchased approximately 2% of the company using my own cash at A$0.21/share. I was awarded another 2% of the company in stock options at a 10% premium to then traded stock price. Those options only have value if Fluence’s stock price appreciates. I point this out so that you can have confidence that I’m focused on taking those actions which will create shareholder value.”
That is a fantastic first address from our new Chairman. Whoever is buying below 21c seems like a bargain at this moment. The key is that you have to get us to profitability and beyond in quick time.
This is probably the first time the 13 P&L centers are mentioned and shocked me. That had contributed to the very high cost we had paid in the past 6 years since the merger. What were the directors doing all these time? Perhaps it’s only after Richard took on the CEO role that the SG&A cost started significant management, but still 13 profit centers till now? What were the other independent and non-independent directors doing?
With this, I am ok to vote for Doug’s options and perhaps Richard’s, and a definite yes to the Employees Share Option Scheme.
Let’s hope for a nice change with our new team. The 3 Amigos plus 1.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $145.2M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $50.49K | 367.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 227108 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.0¢ | 23335 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 50000 | 0.135 |
4 | 141474 | 0.130 |
2 | 114000 | 0.125 |
2 | 75000 | 0.120 |
3 | 105000 | 0.110 |
Price($) | Vol. | No. |
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0.140 | 23335 | 2 |
0.145 | 98984 | 3 |
0.150 | 413360 | 5 |
0.155 | 54849 | 2 |
0.160 | 120940 | 3 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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