That is the problem:
If you have 166.000.000 $ in sales on your platform and 50.0000.000 $ goes to the platform owner then you have a fee structure that represents 30%
FLN may claim 13% fee but the real fees are 30% and they are split between buyer and seller.
The business model cannot grow if clients and workers have to pay these insane fees. Every logical company / individual will arrange backdoor agreements with buyers / sellers to avoid the exuberant fees.
If you happen to doubt me just have a look at the share place. And once again, FLN temporarily shares price moonshot till almost 1$ is entirely thanks to the IPO of UPWORK, FIVERR. But the bubble already popped.
SERVCORP enjoyed a similar treatment.
Enjoy your life in your alternative reality.
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- Ann: 2019 Full Year Results Presentation
Ann: 2019 Full Year Results Presentation, page-7
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.16M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8313 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 21810 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8313 | 0.180 |
3 | 152395 | 0.170 |
3 | 65248 | 0.160 |
1 | 33901 | 0.150 |
3 | 16642 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 21810 | 1 |
0.200 | 321117 | 3 |
0.215 | 13000 | 1 |
0.230 | 7735 | 2 |
0.240 | 4166 | 1 |
Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
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