The IPO began on October 22 and was earmarked to close on November 15 and could now reportedly be brought forward to November 7. Just 6.9 per cent of the company is being offered to the general public.
Fund manager Caledonia took a $3 million stake – representing or a 20 per cent of the public float – on opening day, according to BRW.
Chief executive Matt Barrie will retain nearly 46 per cent of the company after it floats. Altogether more than 87 per cent will be held by Barrie’s and the company’s two other directors — chief technology officer Darren Williams, and non-executive director Simon Clausen.
Freelancer is an online marketplace for freelance work. Its revenue has tripled over the past three years to $18.3 million, but net profit is forecast to fall to $471,000.
It is raising $15 million from 436 million shares at 50¢, giving it a market cap of $218 million.
http://www.afr.com/p/technology/freelancer_com_stock_demand_may_UqW6Voz4MQXpIQRNshR2MN
The IPO began on October 22 and was earmarked to close on...
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.020(11.1%) |
Mkt cap ! $90.18M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 20.0¢ | 18.0¢ | $27.51K | 139.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23571 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 5875 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FLN (ASX) Chart |