If I was a betting man I would have my money on a Sydney based hedge manager whose name starts with “R” as the main seller of Fluence. They have played havoc with a number of micro cap stocks over the past 12 months. Good news is that I am also led to believe they are very close to running out of ammo so hopefully the selling will dry up soon unless another dumper appears on the scene - god forbid.
Otherwise I believe Fluence will roll out more announcements over the coming weeks that should add to the confidence of long term holders.
FLC Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
