FLC 2.25% 8.7¢ fluence corporation limited

Media Update, page-13

  1. 1,194 Posts.
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    funnelievable,

                          many thanks for that. At the time it struck me as an unusual comment for the company to have made, maybe it was a throw away

    line just trying to gee up the small investors. Fluence, initially at least, will be a capital hungry beast as they build their BOOT portfolio

    up to the target of 30% and you would imagine the cash could be more profitably used in funding the company's financial commitments

    in that area where they take on a small share of the overall finance for each project..

    Although they have commented a number of times that they are seeking a project financier to take take on that commitment which would then be off balance sheet.

    When that is finalised and sales volumes ramp up strongly in a year or two, particularly with the profit margins being forecast, maybe they will have the spare cash and start to pay dividends, even small ones certainly would further help raise the company's profile.

    regards, EB

 
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