I think they heard about the new WIW product in early development, water into wine. It comes in white and red wine, with varying qualities depending on the waste water used. Ice wine if your in Canada.
In all seriousness, this company is undervalued no doubt.. but in fairness, there is sufficient headwinds and risks that have kept shareholders eyes away... PHK debacle didn't help at all. So until it turns a consistent profit and COVID quarantines going away will help with that... eyes probably won't be focused on FLC.
That is bad for short term traders, but for long term holders focused on the business itself.. it's a good thing. I'm being selfish, but if fundamentals remain and it drifts to 15 cents, that'll make me quite happy.
I think they heard about the new WIW product in early...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $8.351K | 76.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25700 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 63378 | 2 |
View Market Depth
| Last trade - 13.05pm 27/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |