Since 2016, average annualised growth in FLN revenues is about 3.5%. They are losing the freelancer market as it exists to Fiverr, and none of the new directions that they are going seem to be compensating for that. They are now back to #3 in their core business after Fiverr and Upwork.
That being said, it would be a dumb stock to short, as MB and SC can probably drive the price to $1.20 or so without spending all that much money.
Ann: 1H19 Results Presentation (Part 1), page-29
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $83.41M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $3.33K | 18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 152395 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 342927 | 4 |
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| Last trade - 15.52pm 15/11/2024 (20 minute delay) ? |
| FLN (ASX) Chart |