FLC 2.94% 16.5¢ fluence corporation limited

Management advised last webinar that if they were listed in the...

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    Management advised last webinar that if they were listed in the USA they would expect at least 3x higher than current valuation.
    It is why they are considering a dual-listing after they dispose of their non-core assets and get the story focused on MABR and desal.
    So management believe 60 cents AUD equivalent or $360 mill AUD market cap if we were valued fairly in a market that knows how to value water companies.

    Aussies like their banking & mining companies too much and like their dividends. Also anti-China sentiment is pretty strong at the moment, and even Israelis are not given much recognition by your average Aussie as our cricket and rugby teams never run into them. Tongue in cheek, but if Fluence spent $1.5m AUD per year becoming the main sponsor of one of the larger Melbourne based AFL teams like Richmond/Essendon/Collingwood that would probably do more for the share price than winning the $8.5 million USD Cambodian contract for the largest MABR installation in the world.
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $177.5M
Open High Low Value Volume
16.5¢ 16.8¢ 16.5¢ $4.343K 26.32K

Buyers (Bids)

No. Vol. Price($)
4 244189 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 670034 6
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Last trade - 15.45pm 03/05/2024 (20 minute delay) ?
Last
16.5¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
16.5¢ 16.5¢ 16.5¢ 28969
Last updated 12.41pm 03/05/2024 ?
FLC (ASX) Chart
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