Considering that Doug and Niko own around 200M shares between them, and have committed to providing a revolving loan facility of $US15, they must be fairly confident of the Company's prospects. Thinking outside the square - the way things are going it probably won't be too long before we start eating into that loan. Another two quarters like the last one would see most of it gone. More delays with the Ivory Coast project could be the catalyst. To take this a step further, it wouldn't be too far fetched to anticipate that Doug and Niko would offer to accept shares as repayment for the loan, in which case (on today's figures they would own almost half the Company. Mind you to get to that point the share price would probably be considerably lower than it is now, so they could end up with more than half. Next step - buy out the rest of us to privatize the Company.
I'm not implying that anything nefarious is going on, but just suggesting a hypothetical outcome. Tuesday morning musings ..............
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FLC
fluence corporation limited
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3.6¢

Considering that Doug and Niko own around 200M shares between...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $38.91M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.6¢ | $47.86K | 1.322M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8030 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 39107 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8030 | 0.036 |
2 | 250000 | 0.035 |
1 | 25000 | 0.031 |
6 | 231539 | 0.030 |
1 | 25000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 39107 | 1 |
0.038 | 35000 | 1 |
0.039 | 48295 | 2 |
0.040 | 225000 | 2 |
0.041 | 16000 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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FLC (ASX) Chart |