Ann: Fluence June 2019 Quarterly Report Business Update, page-98

Yeah the fact they revised down smart product guidance so early in the year means they must be fairly certain no big orders are coming. Maybe they saw how bullish the chart was looking and had to do something to stop it heading higher lol. (Jokes for anyone sensitive). As for you saying "lucky there is no debt", unfortunately thats coming aswell. I agree with wilson about a CR. Guiding 6 mill net outflow this Q leaves just 9 mill left end q3. Thats leaving things way to tight. If they are going to use this debt as working capital to avoid a CR then they will need to do it soon.