FLC fluence corporation limited

The Company plans to get a dual listing in the future preferably...

  1. 1,933 Posts.
    lightbulb Created with Sketch. 2163
    The Company plans to get a dual listing in the future preferably in the U.S. but regardless has no plans to de-list from the ASX.

    At the moment, on a yearly basis the Company is on a 6%-7% recurring revenue but they are aspiring to be at about 30% recurring revenue on a yearly basis.

    Management has guided towards a profitable quarter in 2019 and a full year profitability from 2020 after which the company, according to Mr. Charrabe should be sustainably profitable.

    The company has moved to a standard dividend structure, with 70%-80% of reported net profit being paid to the shareholders.

    Just sharing my thoughts: Bold statements. Global implications: US listing on the cards after 2020 when the company is on sustainable profitability. US listing is to capitalise on of its unique positioning of a global player in the mid sized water space where there are few listed players. Hitherto, global investors cannot participate in this mid sized space unless they come to the ASX. A US listing will impose financial discipline and ensure a positive cashlow flow structure to pay dividends. All IMO of course.
    Last edited by ywtoh: 22/10/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.2¢
Change
0.003(7.69%)
Mkt cap ! $45.58M
Open High Low Value Volume
4.0¢ 4.4¢ 4.0¢ $81.22K 1.929M

Buyers (Bids)

No. Vol. Price($)
1 243926 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 42229 2
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
FLC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.