Take a look beyond the chart for a moment...At the risk of stating the obvious, one of the great fundamentals1 for companies like FLC is the rapidly changing global appetite for clean and green. Its moved from a fringe concern to mainstream. Check this article out from the ASX: scroll or 'control f 'to the article by Toni Case (sure it focuses on energy, but thematically it's similar. He thinks its where the big money will want to go in 2018).
Note the line: " A new consumer poll by the Responsible Investment Association Australasia (RIAA) shows that nine in 10 Australians expect their super and other investments to be invested responsibly and ethically." Whatever we think of polls, FLC double ticks those boxes.
The crypto craze may continue to distract for a while. I have a few bob in there myself2 but the far, far bigger picture concerns (energy, water, food etc) will also continue to gather the momentum of public awareness.
1 and there are many others - spend an hour or so on the FLC forums to see for yourself...
2 and yes the inevitable bubbles notwithstanding, crypto will be here to stay and will change our lives as much as the internet has. Lets not going parking our life savings in it though! (lol!)
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $177.5M |
Open | High | Low | Value | Volume |
16.5¢ | 16.8¢ | 16.5¢ | $4.343K | 26.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 244189 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 670034 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 234189 | 0.160 |
2 | 119300 | 0.155 |
3 | 140500 | 0.150 |
2 | 43000 | 0.140 |
1 | 22000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 670034 | 6 |
0.175 | 183965 | 3 |
0.180 | 229608 | 4 |
0.185 | 392997 | 8 |
0.190 | 470502 | 8 |
Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
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Last
16.5¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
16.5¢ | 16.5¢ | 16.5¢ | 28969 | ||
Last updated 12.41pm 03/05/2024 ? |
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FLC (ASX) Chart |