FLN 0.00% 18.0¢ freelancer limited

Ann: 2019 Full Year Results Presentation, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 598 Posts.
    lightbulb Created with Sketch. 65
    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.



 
watchlist Created with Sketch. Add FLN (ASX) to my watchlist
(20min delay)
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
Last trade - 16.12pm 19/11/2024 (20 minute delay) ?
FLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.