this is true THGH, but FLC is a high growth company which naturally should demand a premium. If only a fraction of the China work comes through the revenue will be many hundreds of millions of dollars. Even if that isnt break even for another 12-18 months time, if they are able to reduce costs (due to volume) by 10 or 20%, very quickly we are making 10, 20, 50 million in profit. I would expect that by the end of the year FLC will be 50% or 100% higher than where it is now simply on this.
Chart, page-52
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $145.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 63844 | 4 |
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| Last trade - 10.02am 17/05/2024 (20 minute delay) ? |
| FLC (ASX) Chart |
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