I find these questions interesting. If you don't believe that the auditors are doing their jobs, to verify their purchase order, check against invoices etc, and therefore allowing recognition of revenue, then there is no trust and one shouldn't be investing in the Australian markets at all.
Governance is everything. Maybe I am naive. Maybe I am trusting the ASX too much, that the governance standards, auditors etc are in place to maintain sanctity of the systems. Perhaps the price of FLC deserves to be where it is because the integrity of checks and balances are weak.
What do the others think?
I find these questions interesting. If you don't believe that...
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $139.9M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $8.303K | 59.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13717 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67503 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |