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An announcement from Freelancer ( (AU:FLN) ) is now available.
Freelancer Limited has disclosed a change in the indirect shareholding of director Robert Matthew Barrie, who holds his interest through entities Infilsec Pty Ltd and Taipan Investment Management Pty Ltd. Barrie acquired 127,038 fully paid ordinary shares via an on-market trade at a price of 0.125, modestly increasing his indirect stake and reinforcing his financial alignment with the company’s performance.
Following the transaction, Barrie’s total holdings comprise more than 202 million fully paid ordinary shares, including 200 American Depositary Receipts equivalent to 20,000 shares. The incremental share purchase signals continued insider confidence in Freelancer’s prospects and may be viewed positively by investors monitoring director dealings and governance-related indicators.
More about Freelancer
Freelancer Limited operates an online freelancing and crowdsourcing marketplace, connecting businesses with independent professionals for project-based work. The company focuses on digital services such as software development, design, writing, and other knowledge-based tasks, serving a global customer base via its web and mobile platforms.
Average Trading Volume: 68,390
Technical Sentiment Signal: Sell
Current Market Cap: A$60.87M
For a thorough assessment of FLN stock, go to TipRanks’ Stock Analysis page.