Relative to FVRR and UPWK, FLN has been operating within its means. Not burning cash. Taking less from its users.
FVRR/ UPWK presumably would see the latent potential in FLN from switching to their models. This is likely not priced into FLN's current SP.
Some numbers:
- FLN traded near $A1 ps in 2019 (MC ~ $A450m / ~ US$295m). The potential may be greater than this under the competitors' models.
- FLN reportedly knocked back US$400m from Japan's Recruit Co in 2013. That preceded escrow.com.
- FVRR's Mkt Cap has increased ~ US$500m in recent weeks.
IF there is an appetite for consolidation, any potential deal could include a scrip component in order to get the 2 major FLN shareholders over the line, thereby enabling FLN shareholders to participate in the reported expected future growth in the freelancing marketplace.
DYOR
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $90.18M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 20.0¢ | $384 | 1.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48080 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 13000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48080 | 0.200 |
1 | 3840 | 0.190 |
1 | 99854 | 0.185 |
1 | 23571 | 0.180 |
1 | 16000 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 13000 | 1 |
0.220 | 12752 | 2 |
0.230 | 490 | 1 |
0.240 | 4166 | 1 |
0.245 | 30857 | 1 |
Last trade - 14.52pm 26/07/2024 (20 minute delay) ? |
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