Mr Barrie and seed investor Mr Clausen have held their stakes tightly and bought when share price hit bargain prices...
This in my opinion tells me that that they are very confident of the long term future and the market has not achieved what they consider to be its valuation...
Reflecting on companies that CEO's/Directors/PE/Founders (Sirtex,Bellamys,Nine,Dick Smith,McGrath) who have sold large portion of their shares at opportune times (IPO, before downgrade announcement), they who are insiders knew that valuations were extreme for current operations...
From this I conclude that when Directors/CEO's keep their holdings and add to them, the market valuation is nowhere near their pricing..
They will likely be bought by a large tech company with a similar model who can see upside in integrating Freelancer...
LinkedIn... jobs market... Freelancers bidding for jobs
Seek... as per above
Ebay... selling goods... add services
AMAZON.... as per above
Alibaba...as per above
FLN Price at posting:
88.0¢ Sentiment: Buy Disclosure: Not Held
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)