FLC 8.70% 12.5¢ fluence corporation limited

Just reiterate from today’s update, the 4 MABR sale to Ream City...

  1. 806 Posts.
    lightbulb Created with Sketch. 1144
    Just reiterate from today’s update, the 4 MABR sale to Ream City is the first of more than 40 other water projects there, which includes water reuse and desalination. This seems to be a pilot on Aspiral with each averaging $70k. I think we can expect very much more as Ream City is planned for 120k population, which equates to 35,000 households. That would required about 300 Aspirals of 100m3/d treatment capacity roughly, or perhaps more.

    Will this be a biggie? Prob no, as the 300 plus units will be spread over 12 years, for about $25m in total. However, the life span of Aspirals could be 15-20 years, so that may become a recurring revenue in the long run.
 
watchlist Created with Sketch. Add FLC (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
0.010(8.70%)
Mkt cap ! $135.1M
Open High Low Value Volume
11.0¢ 12.5¢ 11.0¢ $64.48K 530K

Buyers (Bids)

No. Vol. Price($)
2 77200 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 40000 1
View Market Depth
Last trade - 12.05pm 05/07/2024 (20 minute delay) ?
FLC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.