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11.0¢ fluence corporation limited

I love that the latest anouncment is talking about highway...

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southern80

179 Posts.

22

06/07/18

12:21

Post #: 34185735
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Originally posted by bridog ↑

I'm finally getting more confidence and less hope, as opposed to more hope and less confidence as before.

Like all holders I have been frustrated with just the odd sale coming through, but with the hoped for increased sales in China apparently becoming a reality it seems we could now be on the way.

The beauty of this stock is that it can scale by multiples over the next few years, with the SP following suit.

Not too many stocks on the ASX have the capability and show the same likelihood of this as FLC.

I can only think of two risks atm, 1) the product doesn't work as well as expected, or 2) they cannot fill orders fast enough to meet customer needs. The latter is really a constraint rather than a risk.

Having said that is has significantly de-risked in the last month or so and I added a modest quantity today.

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I love that the latest anouncment is talking about highway water/runoff treatment - this is not something I had personally considered for FLC and is a fantastic opportunity with almost unlimited areas (ie roads) to bring business to the company. Add to this, steel mills, food and beverage production and of course the direct river treatment and we are looking bloody good

FLC Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $118.9M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.5¢	$8.351K	76.85K

Buyers (Bids)

No.	Vol.	Price($)
1	25700	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	63378	2

View Market Depth

No.	Vol.	Price($)
1	25700	0.110
3	130000	0.105
6	519932	0.100
1	50000	0.099
1	6367	0.098

Price($)	Vol.	No.
0.115	63378	2
0.120	336363	2
0.125	494000	3
0.130	3000	1
0.135	180000	3

Last trade - 13.05pm 27/06/2024 (20 minute delay)

FLC (ASX) Chart