ART 2.04% 25.0¢ airtasker limited

Analyst Strong Buy Recommendations, page-3

  1. 313 Posts.
    lightbulb Created with Sketch. 51
    Silence probably means 'no'. At least I do not know any.

    This is hard to like company: Share price down massively since IPO and now, it just drags sideways.

    They announced a cost reduction plan a couple of months ago, but then we hear nothing about it.

    Another poster mentions that salaries are too high. And probably true, given the performance.

    At the same time, I understand it is profitable in Australia, and now not making money because it is expanding overseas. So, maybe it's not too bad, but I would refrain from calling it a "strong buy". Definitely better to buy at 0.19 than what it was at ALMOST any other point since IPO.

    I have said it before, but with high inflation and high interest rates and property prices not collapsing, you would imagine a lot of people would get by doing odd jobs. AirTasker seems to be the perfect platform for that, so I am somewhat optimistic.

    Finally, I have seen it been mentioned in the Motley F page with some good comments, so in my experience that usually spells disaster. But hey, how much lower can it go?


 
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25.0¢
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24.0¢ 25.0¢ 24.0¢ $28.69K 117.9K

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No. Vol. Price($)
3 182179 24.5¢
 

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25.0¢ 113469 12
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