When EMC merged with RWL Water and became FLC, RL effectively...

When EMC merged with RWL Water and became FLC, RL effectively took control of FLC becoming the largest shareholder and installing his own management. First order of business was to issue shares via capital raise to US interests which we were sold on market at a loss, stepping down the share price only to be repeated again and again. Rinse and repeat. Take a look of when the merger happened and how the share price has performed since. Systematic downtrend. Perhaps it is coincidence or perhaps it is a deliberate and well considered plan. Seems unusual that when a company secures a contract (IC) worth more than the market cap that is would be worth less (smaller market cap/share price) than without the contract. Also worth less when profitable and has 100's of plants as opposed to loss making and zero plants.