Australia's largest stock trading and investment forum Australia's #1 stock forum

FLC

Click for more information

12.5%

7.0¢ fluence corporation limited

Yep without this they would find it very hard to sign BOOT...

First 4 Last

Share
Profile

Follow
morganp

2,555 Posts.

264

28/11/18

10:12

Post #: 36665479
Share

Originally posted by stotes: ↑

Even though many of us knew this was coming from prior statements made during investment conference calls/forward looking statements, FLC securing this funding should do a great job at quenching the dislike of potential investors whom may have had an issue with cash burn from associated production costs.

This facility should mitigate a fair bit of burn and ensure less dilution will be in shareholders futures.

Overall very good news and more boxes being ticked for the 2019, the year which in my opinion will see FLC finally come out of the gates with a significant rerate.

Expand

Yep without this they would find it very hard to sign BOOT projects with current cash on hand. At least now they have enough in the financing facility to gain a lot of momentum before probably having to increase the amount to continue to expand. BOOT look very exciting as long as they are done correctly.

FLC Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 52 more messages in this thread...

First 4 Last

Add FLC (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change -0.010(12.5%)		Mkt cap ! $74.58M

Open	High	Low	Value	Volume
7.8¢	7.8¢	6.3¢	$155.6K	2.277M

Buyers (Bids)

No.	Vol.	Price($)
1	76202	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	76202	0.068
1	25000	0.066
2	25230	0.065
1	74996	0.064
3	71758	0.063

Price($)	Vol.	No.
0.072	10000	1
0.075	15515	1
0.076	106000	2
0.079	10000	1
0.080	133137	3

Last trade - 15.11pm 01/11/2024 (20 minute delay)

FLC (ASX) Chart