IC construction contact now a done deal. Next step is to secure the on going maintenance contract & produce recurring revenue.
I wonder when this contract will be decided ? Probably not until well into construction so maybe 2 years away ? One would imagine with the knowledge of the project & the relationships built, FLC would have a great chance of securing it.
It will be a small part of FLC's annual revenue but all recurring revenue is good revenue.
IMO the FLC TA chart is looking better than it has for a while. I assume FLC will miss ASX 300 inclusion in March rebalance but if all goes to plan, then September should see inclusion. 2020 may finally be the year FLC & FLC shareholders get some love from the market.
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IC construction contact now a done deal. Next step is to secure...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $6.669K | 54.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 423146 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 54363 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |