"Companies that can maintain their growth rate, maintain the cost of customer acquisition and have net negative churn will maintain good valuations, but those that don't are doing bridge rounds or receiving valuations that are lower"- Right Click Capital partner Benjamin Chong
All important FLN HY results due tomorrow!
The local tech investment landscape is in contrast to the global trend, in which there was a 98 per cent increase in the total value of deals tracked to $110 billion, from 2805 transactions.
Implies any M&A activity re: FLN will come from offshore.
DYOR
FLN Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
