Historically they tend to come in around 0.50, which has a lot...

Historically they tend to come in around 0.50, which has a lot of symbolism.

But while it may be a boon for long-suffering holders, concentrating more stock in their hands solves none of FLN's serious problems. They need to make more drastic moves. I've complained about the issues FLN has more than once but I don't know how they can be fixed in the current structure. I would love to see them spin off or dump the distractions, get rid of the pointlessly massive team in Australia, and get lean and mean again. That would be a ton of dull grinding work and MB isn't as young as he was back when he was driving hypergrowth at FLN.

Second choice would be clean things up for an acquisition. Matt could become a angel investor and Sydney startup guru; maybe run for Night Mayor / COVID Warden. Jokes aside, he knows his startup stuff and his talents are wasted on FLN at the moment.