FLC fluence corporation limited

I have to agree with Gopala puri. Shareholders are getting...

  1. 1,900 Posts.
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    I have to agree with Gopala puri. Shareholders are getting screwed big time. In essence directors are getting options at an excercise price of 23 cents considering these share were at 22 cents just a few weeks ago and they didn't come up with this yesterday that means a less then 5% appreciation over the next 5 years is what the directors think is a appropriate goal. Gee whizz the excercise price should be set at above 28c. This is just screwing shareholders. How much effort is required to get it to 23c over 5 years in my opinion not much therefore they are screwing SH on the otherhand if you think its a hard target you might want to sell your shares now because even the directors thoughts are it may be unchievable. Either way SH are getting screwed.
    I remember just a few weeks back a report on Livewire about FLC and how it had future prospects. In fact it almost got me interested. But when I see this unethical behaviour it turns me off. Options issued excercisable in 5 years with a less than 5% premium is a joke. GLTAH but I think some serious questions about these options need to be asked.
 
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(20min delay)
Last
4.1¢
Change
0.005(13.9%)
Mkt cap ! $44.49M
Open High Low Value Volume
3.7¢ 4.5¢ 3.7¢ $158.3K 3.729M

Buyers (Bids)

No. Vol. Price($)
2 109465 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 250000 1
View Market Depth
Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
FLC (ASX) Chart
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