FLN 2.78% 18.5¢ freelancer limited

News: FLN Freelancer FY Net Loss Attributable $1.5 Mln, page-8

  1. 1,674 Posts.
    lightbulb Created with Sketch. 269
    Looking at the FY report, their cash position seems weak. Current assets and current liabilities are about equal. Seems there's not much cash left for business development or for normal operations. It also states there's no current loan facility in place.

    Does anyone else agree and envisage a potential CR or loan soon? Or am I misunderstanding the business philosophy and / or the numbers?

    Cheers
    Last edited by AdVictoriam: 28/04/19
 
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