My insight is that market may has been rating this company as a small 'high-tech' company without positive cash flow or stable revenue.
Though, we all understand after merger it will be fundamentally changed after taking RWL's revenue as well as Mr Lauder's cash injection.
Post merger:
1. Product and service (UP)
2. Customer base (UP)
3. Expertise (UP)
4. R&D (UP)
5. Finance (UP)
Especially for 1 and 2, the UP can be phenomenal while 3 and 4 can further support to 1 and 2. 5 can secure investors' confidence because it guarantees no dilution.
Given its bright future I can't see any reason to sell its shares unless the sellers are blind.
Media update, page-54
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.5¢ | $12.78K | 131.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23741 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 15.05pm 10/09/2024 (20 minute delay) ? |
| FLC (ASX) Chart |