FLC fluence corporation limited

I believe the way they currently do it is standard practice, and...

  1. 5,694 Posts.
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    I believe the way they currently do it is standard practice, and caters for all readers .. that is both the underlying currency amount and the A$ is shown in the ASX releases.

    I assure you that there are many businesses more complex than Fluence listed on the ASX and what currency they report their sales in is not generally a deterrent to investors if the business is self sustaining and growing. Right now Fluence is not self sustaining, but they are growing and so long as they can do that.. they will get there (how quickly is the question).

    The company is clearly undervalued, but many companies on the ASX are undervalued until they turn the corner and the market usually overcompensates and overvalues the company. It's frustrating, but each investor should have their own investment timeframe and style.. for me, this is a long term investment and so I see these prices as an opportunity to top-up. The reasons why I invested in FLC continue to remain and in fact are stronger than ever.. but with that I also appreciate it will take time, but I can see they are heading in the right direction... I'll let the market catch-up when its ready, but I'm happy to hold and accumulate when opportunities present themselves.

    Also, the main reasons they are listed on the ASX is because EMC was listed on the ASX, and the merger meant that RWL could simply slot into the ASX with minimal effort. Longer term it may dual list in the US, but it doesn't make sense right now.
    Last edited by stockrock: 26/08/21
 
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Last
5.8¢
Change
0.001(1.75%)
Mkt cap ! $62.94M
Open High Low Value Volume
5.8¢ 5.8¢ 5.3¢ $17.25K 311.3K

Buyers (Bids)

No. Vol. Price($)
1 9150 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 19873 1
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Last trade - 13.24pm 30/07/2025 (20 minute delay) ?
FLC (ASX) Chart
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