Hi Littletee,
And sure enough, 24 hours later, FLO announces a capital raising, to seek $5.5M. This will involve the issue of 275M new shares @2c, and will almost double the number of shares on issue to ~605M shares.
The trailing p/e just got knocked for six and today's share price reaction has already retraced 0.5c.
FLO
flowcom limited
