Re:oDesk to merge with Elance
by mattbarrie on Thursday December 19, 2013 @01:42PM
(#6936726)
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 !).
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