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Hello Dong I'm the CEO of Freelancer.com (Freelancer Limited ASX:FLN). Our share price dropped rapidly in the first few days because the issue price was 50 ce
by mattbarrie 13y ago
Hello Dong
I'm the CEO of Freelancer.com (Freelancer Limited ASX:FLN).
Our share price dropped rapidly in the first few days because the issue price was 50 cents and it was the biggest opening on the ASX every (so I was told by the exchange). The share price opened at $2.50.
A month later we are at $1.40, almost three times our issue price. I think that's pretty good. You would expect a bit of a pullback from such a strong opening (5x !).
Regards
Matt