FLC 3.19% 9.1¢ fluence corporation limited

Research into Fluence is joining many dots. The biggest dot...

  1. 1,160 Posts.
    lightbulb Created with Sketch. 72
    Research into Fluence is joining many dots. The biggest dot started in 2010. Below is from an article from 2011 over a year after RWL water was formed. Merging with Emefcy is another dot in the overall picture we have the opportunity to invest in.

    'Ron Lauder: Future lies in water
    Jewish American businessman, controlling shareholder of RWL Water, says Israel a global hub in water technology. 'Unfortunately it is also a world champion in bureaucracy,' he adds
    Lior Gutman, Calcalist |Published: 11.18.11 , 10:46

    Israel is the global hub of water technologies," Jewish American businessman Ronald Lauder, the controlling shareholder of RWL Water, said Wednesday.

    "So I began looking into companies in the field that would be a good investment. Unfortunately, Israel is also a world champion when it comes to bureaucracy and I think there should be a government mechanism that deals with the water.

    Lauder spoke at the Watech exhibition in Tel Aviv, where he also announced his acquisition of Italian waste water treatment company Eurotec WTT.

    RWL Water is a private holding company founded by Lauder in 2010, which provides water treatment, wastewater and trash to energy solutions. The group also owns Israel's Nirosoft and US Aeromix Systems, and its recent acquisition cements its position in the wastewater treatment market.

    On Wednesday, the company announced that it would expand its activity to project financing (BOT). RWL says that tenders for desalination facilities take an average of 2.5 to three years in Israel, whereas they possess the ability to establish smaller desalination facilities within six months.

    One of these facilities was constructed by the group in Cyprus.

    "Ninety-seven percent of the water in the world is non-potable; a further 2% is trapped in icebergs which leaves only 1% of potable water. People cannot survive without water and I believe this is the future," Lauder said'
 
watchlist Created with Sketch. Add FLC (ASX) to my watchlist
(20min delay)
Last
9.1¢
Change
-0.003(3.19%)
Mkt cap ! $98.36M
Open High Low Value Volume
9.6¢ 9.6¢ 8.8¢ $58.52K 642.6K

Buyers (Bids)

No. Vol. Price($)
1 235 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.2¢ 73046 1
View Market Depth
Last trade - 15.27pm 27/09/2024 (20 minute delay) ?
FLC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.