Anyone who feels suspicious about 4C removal application could email the company or Matt to find out why. It’s a simple move of saving time spent on filing some not quite important information, which benefit from us being able to generate constant positive CF. Not many small caps on ASX are even close to qualify for this application. I highly doubt Matt would take risk of Jail time only to save this much paperwork.. btw, we would still release business updates at least on quarterly basis & it won’t be too difficult to get a rough idea of financial performance.
I get people complains about everything when they are frustrated which many of FLN holders including myself feel right now. But bottom line is we can’t complain things which don’t exist such as accounting fraudulence / sales decline etc as my latest info is ours sales growth is up to speed again so another good quarterly report is high possible!
I guess one big reason why valuation gap exists is because majority of shares are controlled by our management so it’s a bit hard to make good money for big boys consider risk vs reward. But judging by daily trading pattern, there is a clear sign that someone is doing the accumulation hence causing lots of frustration to holders. When they decide to let go the break, the valuation gap would be narrowed pretty fast IMO.
Be patient people & don’t be manipulated..I’m quite confident in time our SP could be many multiple of current level.
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.16M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 112558 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 112558 | 0.170 |
3 | 32181 | 0.160 |
1 | 18756 | 0.155 |
1 | 33901 | 0.150 |
1 | 7142 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 20000 | 1 |
0.180 | 10000 | 1 |
0.185 | 59949 | 1 |
0.195 | 10000 | 1 |
0.200 | 4000 | 1 |
Last trade - 16.12pm 28/08/2024 (20 minute delay) ? |
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