Agree. As long as IC money comes in this gives the company a decent buffer for the next 1-2 years if they do some serious cost cutting in the next few months.
The main concern is FLC's hinge on the China market, yet no real news out of there since COVID started. Any partnerships usually take a year at least to get orders so that is a concern.
We need to get some deals done ASAP with SPS to see growth in sales for the next financial year.
Lets hope Richard can do it. At least now he has a lot of skin in the game to get it done. Henry didnt.
FLC Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
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