A lot assumptions in your post ... but one that probably echoes across a lot of retail shareholders.
Firstly, FLC won't need to raise capital for a while... almost AU$100m in the bank (yes a large chunk will be for the PVDSA contract) and revenues are growing rapidly with a lot of upside baked into this forecast.
Plus they do have a debt facility if they so wish to tap into it.
In terms of quality of their products, the share price has been in decline for a while... yet they are still winning contracts and for some reason new countries (Philippines and Argentina) have chosen Nirobox as their product of choice out of what is always a tough tendering process to win.
MABR (EMC's baby) is being certified in California as we speak, this probably has a little more weight than a company's market cap. Who knows, they might like dealing with nimble (underdog) companies compared to large water companies who will treat them like a number, rather than a customer.
RWL have also been able to dominate markets in Europe with their products, proving that they are world class and market leading.
This company is growing and increasing manufacturing factories globally with new products to come on line that could be game-changers... in an industry that is only going to grow, with governments now allocating insane budgets to combat water shortages/contamination ... news headlines will be more and more saturated with climate change/severe droughts... I am trying very hard, but I can't find a more undervalued company on the ASX.
- Forums
- Charts
- Chart
A lot assumptions in your post ... but one that probably echoes...
-
- There are more pages in this discussion • 4,695 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FLC (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
-0.002(2.02%) |
Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.7¢ | $2.501K | 25.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 115136 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 0.098 |
2 | 209475 | 0.097 |
2 | 136611 | 0.096 |
1 | 105263 | 0.095 |
1 | 50000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 115136 | 3 |
0.100 | 11919 | 2 |
0.110 | 142086 | 3 |
0.115 | 180769 | 5 |
0.120 | 316551 | 6 |
Last trade - 10.26am 30/08/2024 (20 minute delay) ? |
Featured News
FLC (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
SPONSORED BY The Market Online