FLC 0.00% 11.5¢ fluence corporation limited

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  1. 1,702 Posts.
    lightbulb Created with Sketch. 1853
    Not seeing many pitchforks, but does anyone really reckon a $215m market cap (50c SP) is appropriate for a complete water-solutions company with $120m revenue this year, which has been growing at 30-40% per year, now has market-leading disruptive technology (and Chinese SOE partners), targeting the fastest growing segment of a $700bn industry, and has a globally politically-connected billionaire businessman cornerstone investor who stumped up hard cash one week ago in a deal which - with all the leverage being a billionaire brings - valued the company at $365m (85c SP) on the advice of the former CTO and acquisition guru of GE Water?

    Anyone?

    Calm down.
 
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