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3.23%

30.0¢ airtasker limited

I think it is a decision you will regret hello, however, you are...

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yellowfin

1,713 Posts.

174

05/09/24

19:10

Post #: 75549261
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Originally posted by hellowworld: ↑

I've been keeping an eye on the company's performance since 2023, having a gander at the number of assigned tasks. To be honest, the past year or so hasn't really delivered any big surprises.

Now, if we look at the FY24 report, we're seeing a net cash flow of $1.181 million. But the partnerships with local Aussie media outlets alone are set to cost a whopping $11 million plus interest over two years. These deals are basically just a way of paying off advertising debts using stock options.

Despite all this, it's interesting to note that the RAAS Research Group has been hosting two Investor Webinars in just one month. I reckon they must have a reason for pushing the stock so hard.

While there's a possibility that the share price may increase, I'm not optimistic about the company's future prospects. As a result, I've made the decision to sell all my shares, even though it means taking a loss.

No matter what happens with the share price, I've called it quits with this company and I won't be looking back. I am happy with my new love APX, see u guys there.

DYOR

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I think it is a decision you will regret hello, however, you are on a winner with APX......I would look at ZIP and NXL as well!

ART Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 30.0¢		Change -0.010(3.23%)		Mkt cap ! $135.9M

Open	High	Low	Value	Volume
31.0¢	31.0¢	30.0¢	$14.19K	46.87K

Buyers (Bids)

No.	Vol.	Price($)
2	3018	29.5¢

Sellers (Offers)

Price($)	Vol.	No.
30.5¢	23671	4

View Market Depth

No.	Vol.	Price($)
2	3018	0.295
5	126259	0.290
4	90108	0.285
7	26469	0.280
1	30	0.275

Price($)	Vol.	No.
0.305	23671	4
0.310	23405	6
0.315	2463	1
0.320	82092	2
0.325	53765	1

Last trade - 11.13am 09/10/2024 (20 minute delay)

ART (ASX) Chart

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