FLC fluence corporation limited
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Hey,Agreed the smart packaged units are the future of the...

  1. morganp
    2,557 Posts.
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    02/09/20
    21:49
    Post #: 47037896
    Hey,

    Agreed the smart packaged units are the future of the business. The issue however is.

    1. The company is banking on IC money, without it they have to remove revenue and the books look terrible and a CR is probably likely. A lot is riding on IC cash receipt in the near term.

    2. The management at the moment is hard to trust. Not sure i can believe anything they have in their reports at the moment. The SA MOU fell through after being announced, San Quintin had been delayed for years and might be cancelled and IC could head the same way. A 'slight delay' is now 2 months in. How long is slight.

    Management needs to deliver on what they say, the market will then have a lot more confidence.
    Last edited by morganp: 02/09/20
    FLC Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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4.1¢ 		Change
0.005(13.9%) 		Mkt cap ! $44.49M
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Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
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