Would you buy if part of the mandate from the guy who hired you was to ignore the share price, trading activity and issue shares, some of which to be offloaded on market at a loss in aid aid of suppressing the share price?
Two possible explanations for the share price decline over the past 24 months.
More capital may be needed in which case a lower share price is, and has been, more beneficial.
Fluence may not remain listed on the asx.
The selling from the beginning (FLC) has been relentless and any strength has been meet with just enough supply to maintain the downward trend. The bots have certainly played their part.
Anyone know why Adam Hinckey left after such a short period as VP Investor Relations? Perhaps he found it impossible to perform well (increase value for holders) when the intent is for the share price to go down...
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