Chart, page-173

As far as I can tell, Fluence has no headwinds, please correct me if you see it differently.

There is no debt overhanging the business to possibly cause it to go under.

It's not like a miner who has a take or pay rail and port contract but can't deliver or a less than successful biotech who c. an't raise more cash. There's no up and coming big payments due to scare people.

Fluence's costs have been diminishing year on year and income growing.. Yes the Sept qtr was a bit disappointing in the number of stand alone MABR units sold but I don't take anything serious from that. Business is patchy. They manufacture a product and sell it on demand including engineering. They get rave reviews on the product, it's in demand. They are proactive with Nitro as an example, I'm sure we'll hear more about that in due course. They are doing business in the US with their Lumen aerator technology for lakes and lagoons.

They do not need to raise cash, unless some spectacular sale happened, and are cash flow positive or very close to it.

Can't believe the price at 16c.