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14.5¢ fluence corporation limited

As far as I can see the problem is a buyers' strike. Neither...

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bridog

1,402 Posts.

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26/02/19

10:30

Post #: 37568138
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Originally posted by Jo007: ↑

If they would only let the brakes off for 5 minutes and let the price climb a bit, they'd probably get their fill a lot quicker, albeit at a slightly higher price. These shenanigans seem a ridiculously inefficient way of accumulating. Maybe they should have put an announcement out 12 months ago...
"We are going to drag this share price through the mud until capitulation which we expect to be under the 30c mark. We'll buy off you now for 33c and save you all the emotional torture of watching your investment slowly degrade over many, many months and into years. This is a one-time offer and those who do not surrender their shares, please make sure you've assumed crash positions."

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As far as I can see the problem is a buyers' strike. Neither Ivan Insto nor Paddy Public is prepared to bid up the SP.

Gunna take some positive announcements to move this or preferably one major one.

We're overdue for one . .

FLC Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.5¢		Change 0.000(0.00%)		Mkt cap ! $156.0M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	50028	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	14500	2

View Market Depth

No.	Vol.	Price($)
2	50028	0.145
1	53420	0.135
5	130012	0.130
2	50000	0.125
1	25000	0.120

Price($)	Vol.	No.
0.150	14500	2
0.155	139849	3
0.160	180340	6
0.165	260662	5
0.170	1074306	9

Last trade - 09.00am 15/05/2024 (20 minute delay)

FLC (ASX) Chart

Day chart unavailable