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9.7¢ fluence corporation limited

I personally haven't forgotten what "forecast" means. But it is...

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Jo007

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65

07/03/18

16:33

Post #: 31596292
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Originally posted by Low Key ↑

People tend to forget that we haven't actually achieved $105m yet, that is our forecast. Our current revenue is $58m.

And while management say 105m is conservative, we are waiting for proof of this claim.

In addition to this, management say we will not be cash flow positive is we get to 105m. This can turn some potential investors off.

For me management have been doing a great job, but it is yet to be reflected in the financial statements.

If we start to hit or exceed managements targets in the quarterlies and our price has not appreciated, then I would say our market cap is severely under valued. But at the moment we are all holding onto what the future holds, rather then our currently reality of making big losses.

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I personally haven't forgotten what "forecast" means. But it is my very confidence in management that makes me believe it will happen. What I DON'T understand is there are companies making NO MONEY with better market caps. Like I said, I clearly am not grasping something. And I've read somewhere the market is "forward looking" anyway. Guess that all depends if you're in a resource stock or not. They always seem to be reaching for the stars. I reiterate, I am perfectly happy with the management and progress of this company.

FLC Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.7¢		Change 0.001(1.04%)		Mkt cap ! $104.8M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.7¢	$5	51

Buyers (Bids)

No.	Vol.	Price($)
1	100000	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	11262	2

View Market Depth

No.	Vol.	Price($)
1	100000	0.091
2	103332	0.090
1	100000	0.089
2	51176	0.085
1	24999	0.084

Price($)	Vol.	No.
0.100	11262	2
0.110	124214	2
0.115	150000	3
0.120	272053	4
0.125	50000	1

Last trade - 10.02am 04/09/2024 (20 minute delay)

FLC (ASX) Chart