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11.0¢ fluence corporation limited

Thanks James,Was there any reasons for disappointment with...

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frostieshake

1,602 Posts.

234

31/07/24

14:30

Post #: 75005850
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Originally posted by jamesc666: ↑

Speechless and disappointed.
Trust capital is eroding, for a pre-profit company, this is quite terrible.
While pipeline has increased by a lot, I am disappointed on the conversion. $40M worth of bookings was guided but only $24.8M was delivered. There was a mention of $16M letter of intend expecting conversion to backlog in August, but why nothing was mentioned on adding to the backlog in July? As each of the projects can be quite independent of each other, why are some of the originally forecasted backlog for 2H also get push back?
It seems like gaining traction in North America could take more time as most of the backlog orders gain are from South America and the Middle East. China is indeed disappointing.

Painful.

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Thanks James,

Was there any reasons for disappointment with China?

Surely, the covid excuse is well worn and cant be used for too much longer. Something is not right.

Thanks in advance.

FLC Price at posting: 10.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.020(15.4%)		Mkt cap ! $118.9M

Open	High	Low	Value	Volume
12.5¢	12.5¢	9.7¢	$342.3K	3.165M

Buyers (Bids)

No.	Vol.	Price($)
1	14999	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	145053	1

View Market Depth

No.	Vol.	Price($)
1	14999	0.110
2	59047	0.105
2	125000	0.100
1	10416	0.096
1	50000	0.095

Price($)	Vol.	No.
0.120	145053	1
0.130	75364	3
0.135	42487	2
0.140	148092	5
0.145	220000	4

Last trade - 16.10pm 31/07/2024 (20 minute delay)

FLC (ASX) Chart