FLC fluence corporation limited
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The earnings release was great the stock reaction was...

  1. AC792
    11 Posts.
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    30/07/21
    04:31
    Post #: 54887171
    The earnings release was great the stock reaction was terrible!!

    Let me highlight a few points:

    1 - Backlog Strong ‐ $175M contracted backlog of which SPS backlog is $18.7M, showing strong SPS
    momentum This is great and if you read note 1 there is another $50 million of backlog. In short, there is over $200 million in USD backlog while the market cap is under $100 million in USD.

    2-     Net Cash Position ‐ cash balance of $23.7M, as well as $38.4M in short and long‐term liquid investments. Total cash is approximately $62 million. Meaning, the stock price is trading a little above the cash balance.

    The company should continue to see growth but the stock price will not move until they are on a US stock exchange. In the meantime, the company should use ANY excess cash to do a stock buyback.


    FLC Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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
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Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
FLC (ASX) Chart
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