FLC fluence corporation limited
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Even if the offer price for the capital raising is set at...

  1. vango
    838 Posts.
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    01/11/23
    09:07
    Post #: 70657666
    Even if the offer price for the capital raising is set at yesterday's close of 14 cents they'll have to issue about 360M new shares just to cover the outstanding debt to Upwell ($US31M or $A49M). This is more than half of the current number of outstanding shares. Then add a bit more for working capital. If it's a placement going to one institution they will own in excess of half the Company. Ultimately a takeover?
    FLC Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
5.7¢ 		Change
-0.001(1.72%) 		Mkt cap ! $61.86M
Open High Low Value Volume
5.8¢ 5.8¢ 5.4¢ $1.436K 25.75K

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No. Vol. Price($)
1 5488 5.4¢
 

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Price($) Vol. No.
5.7¢ 16699 1
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Last trade - 15.59pm 25/07/2025 (20 minute delay) ?
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