"Maybe you haven't had experience in dealing with government agencies... but they don't have the same urgency as shareholders or management of corporations that are pushing for approval."
This has nothing to do with me and my experience.
I expect management to take these kind of variables into consideration (dealing with government agencies and timeframes etc) before spruiking to the market things like "100m contract is expected to close by end of Q2". This is just one example of many instances of over promising and under delivering. China anyone?
My point is management need to stop overpromising because it continually hurts the SP when expectations are continually not met. Maybe you noticed the SP decline over the past 6 months? IMO, this decline does not reflect our progress (as you pointed out earlier today) and I agree with you that FLC is undervalued, but unlike you I think management spruiking unrealistic expectations has contributed significantly to the decline in SP. The Arifica contract is just the latest example...
"Maybe you haven't had experience in dealing with government...
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $134.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $7.746K | 64.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 298710 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 17093 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
12.5¢ |
Change
0.000 ( 2.04 %) |
||||
| Open | High | Low | Volume | ||
| 12.0¢ | 12.5¢ | 12.0¢ | 46633 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| FLC (ASX) Chart |