The share price vs. those numbers is completely baffling isn't...

The share price vs. those numbers is completely baffling isn't it. I can only surmise that it's one of the following...

- The market wants to "see the money" before rerating FLC

- Something's going badly wrong behind the scenes

- Anti-China sentiment (whether or not well-placed)

- Uncertainty over IC/risk associated with a single large contract

- FLC's share price is being manipulated by large players who want it for themselves


Anything else? Trading volumes are relatively low so I don't see anyone racing for the exits. I still think it's mostly the first one.