Also worth noting, Aquaventures had full year revenue similar to fluences. They had a net loss of 20 mill from memory and 300 mill debt in FY20 when they were bought out for 1.1 billion.
For Doug to throw 2.7mill AUD at fluence, thats a huge vote of confidence. He clearly sees value.
Ann: Industry Veteran Joins Fluence and FLC Completes Placement, page-8
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