Hi all, I've been a holder for a couple of years (only), unlike some of you other rusted on believers. Every time I look at my holding I think, "what a dog", "lets wait until it hits 30c and jump".
But then I know how important improving water quality is around the world and think... this "dog" is onto something and maybe its best to sit it out a little longer or, even average down and buy some more for heavens sake !!.
I know about the recent demise of Henry which seems to be well received, but what is it that we are all waiting for? Sales (obviously), but is China the key market? What about the recent isolation of Australia by China in trade deals? How innovative is this technology? Is there really a competitive advantage or will be always just be getting thrown the crumbs, doing minor projects in the backblocks of the world?
Is FLC really an Aussie company? It doesn't seem to put any effort into selling locally? why do you think that is? Maybe the ASX is just a convenient Exchange for some reason.
enough for now ... thanks for reading and to those who offer any comments in response
FLC Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
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