FLC 1.23% 8.0¢ fluence corporation limited

Media Update, page-548

  1. 828 Posts.
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    Thanks @Relax1. This is a significant discovery. May I add to some of your thoughts.

    From an operational standpoint, no one would want to add to headcount unless there is a need, not when your MC is less than $250m. As a small cap, a listco would rather engage an external IR consultant where it’s cheaper, and only use if there is a need.

    You would only want to bring your IR in house if you have a dynamic, developing and growing earnings story to tell. Plus, the appointment calls for a US based person. No second guesses that’s where they need to build familiarity in a community if and when they need to raise future capital.

    They need to build trust and friendship with the investment community there as you rightly point out. And the sooner they start to engage, the better. It takes time to build familiarity to the community. I think they will need two years at least. So we have our timeline for a dual listing.

    Dont forget. These guys are used to thinking in 3-5 years time frames. It takes that long to start discussions to design and build a water plant. They planted a factory in China two years ago to get ready for the surge in orders. They started a technical college in Wuxi last year to have a prepared workforce. And now this. No other company has given advanced warning about their plans like FLC has, leaving traces for the market to follow. We just need the patience to heed it.

    Thabks again.
 
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