FLN 5.26% 20.0¢ freelancer limited

Ann: 1H21 conference call, page-6

  1. 832 Posts.
    lightbulb Created with Sketch. 74
    I’ve been invested in FLN for ages, 5 years or more.o
    I made a bit of money trading in and out some of my parcel as the stock tends to move up towards results then drift down afterwards.
    I’ve made a lot of money in the last 6 months from the move up.
    You can read my post before the last quarterly saying the $1m in corporate revenue that was booked too late to hit the December quarter will make the March quarter look extra good.
    That will be a gap to fill this week.
    Camelcitro made the same point a couple of weeks ago.

    I think Tuesday’s numbers will be good, but I think the $1m hole will make the figures look worse than they are.
    From past experience, the market reacts to the numbers, not the investor presentation.
    So I am out for this quarterly.
    If I am right, and the stock gets sold down, it won’t bring me any joy, because I still think it is a good investment.
    If I am wrong and it climbs, well, I’ll console myself with gains to date.

    Good luck to all holders.
    Leaving my sentiment as buy, as I intend to re-enter.
 
watchlist Created with Sketch. Add FLN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $90.18M
Open High Low Value Volume
20.0¢ 20.0¢ 20.0¢ $384 1.92K

Buyers (Bids)

No. Vol. Price($)
1 48080 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 13000 1
View Market Depth
Last trade - 14.52pm 26/07/2024 (20 minute delay) ?
FLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.