FLC 3.23% 9.6¢ fluence corporation limited

Chart, page-1094

  1. 739 Posts.
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    Hi mate, thankyou for explaining that, if the goal was to spook holders into selling and they where moping up these shares with low bids and people folding into these low offers, then it's worked a treat....ultimately though, whilst this creates short term pain for us as holders, if you think this through, they are only doing this as longer term they feel the company will grow significantly. ie. no point in running this strategy in say a company with falling revenue where a turn around seems unlikely, so this strategy to me is a good sign...whilst bloody painful in the mean time.

    For the TA people out there, I just looked to my right at the chart for FLC on the HC thread in the "yearly" format and if it rises tomorrow rather than falls....is this then forming a reverse head and shoulders and we then move back towards 85c over the following 2-3 months?....entirely possible I guess with news at some point coming out of China and maybe as soon as the end of this month.

    kind regards, SEAH.
 
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Last
9.6¢
Change
0.003(3.23%)
Mkt cap ! $103.7M
Open High Low Value Volume
9.6¢ 9.7¢ 9.6¢ $1.897K 19.73K

Buyers (Bids)

No. Vol. Price($)
1 23493 9.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 10000 1
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
FLC (ASX) Chart
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