With a market cap of about $250m I wouldn't say this stock is cheap per se. However, the primary business of Freelancer.com is picking up again and recent indications suggest that escrow.com has terrific potential and that momentum there is building as well.
It's fair to assume that Mr Barrie is pretty bullish on both given his on-market buying. If FLN continues to show signs of growth again over the next few quarters then the share price should resume an upward trajectory... or maybe it will go private.
In the meantime, I'm not too keen on selling my shares so long as the news remains good.
Ann: Appendix 3Y, page-6
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 18.0¢ | $2.233K | 12.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13596 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 59949 | 1 |
View Market Depth
| Last trade - 15.51pm 30/08/2024 (20 minute delay) ? |
| FLN (ASX) Chart |