I can see the SP sliding for a quarter or two with the cash burn involved with scaling and marketing in the UK/US. Assuming the group is profitable in the next few quarters, i can see reinvestment into marketing in new markets (probably Europe). The SP will really take off. The business model is strong, has everything needed to be a billion dollar company. I don't see why Airtasker can't reach it, the demand for the app is there. Great tech stock imo, just needs to get profitable first. Interest rates starting to drop should get cash flowing into the economy and stimulate spending in the next year or two.
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News: ART Airtasker Says On Track For Positive Free Cashflow Result In FY24, page-14
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Last
26.5¢ |
Change
0.010(3.92%) |
Mkt cap ! $120.0M |
Open | High | Low | Value | Volume |
25.5¢ | 26.5¢ | 24.5¢ | $326.1K | 1.287M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 142145 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 67839 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40445 | 0.250 |
7 | 87438 | 0.245 |
8 | 199101 | 0.240 |
5 | 103788 | 0.230 |
3 | 87500 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 67839 | 2 |
0.270 | 142000 | 5 |
0.275 | 500 | 1 |
0.280 | 11000 | 2 |
0.285 | 4000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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