AFAIR, you won't be able to show the full path because of security reasons (maximum possible would be filename)
Add this code in your code behind file in selectedchanged event method:
myFileUpload.Attributes.Add("value", fileNameYouWantToShow);
Suggestion:
Keep the fileupload control at the end after all the postbacks, such that once page is submitted you can upload the file from upload control. You won't need to maintain the text in the control via this implementation.