3 Stocks Up On ASX Ladder - GOO, FRX And FFG

March 20, 2019 08:15 PM AEDT | By Team Kalkine Media
 3 Stocks Up On ASX Ladder - GOO, FRX And FFG

The below-mentioned stocks have witnessed significant improvement in their share prices today. Let’s take a look at the recent update of these stocks-

Gooroo Ventures Limited (ASX:GOO)

A technology company, Gooroo Ventures Limited (ASX:GOO) applies its patent-pending technology in the areas of Human Capital, Marketing and Careers. Recently, they made a major step in marketing and selling of its technology to blue-chip portfolio of clients in Australia by signing a partnership agreement with Performics Australia, the Australian division of Performics, owned by Publicis Groupe.

This agreement will enable the company to integrate its technology into performance marketing campaigns from the planning to execution stages by complementing existing targeting strategies and data with new layers of insights, enabling stronger connections with customers.

For the half-year ended 31st December 2018, the company reported revenues of $421,748, up 331% on pcp. Further, the company reported a loss of $934,079 for the half-year period as compared to $1,808,834 in pcp, representing a decline of 48%.

In the past three months, the share price of the company increased by 17.78% as on 19 March 2019. GOO’s shares last traded at $0.072 (+35.849% intraday) with a market capitalization of circa $5.52 million as on 20 March 2019.

Flexiroam Limited (ASX:FRX)

Global mobile virtual network Provider, Flexiroam Limited (ASX:FRX) witnessed a 13% growth in its subscribers and a 19% growth in its users in the third quarter of FY 2019. Flexiroam’s subscribers and users originate from over 190 countries around the world with market dominance in South East Asia, Middle East and South America. During the third quarter, the company signed a strategic airlines collaboration agreement with Malaysia Airlines, Berhad for the inflight distribution of around 6 million of Flexiroam’s ConnectSIM to the airlines’ international passengers in 2019.

In the past three months, the share price of the company decreased by 9.09% as on 12 March 2019. FRX’s shares last traded at $0.050 (+25% intraday) with a market capitalization of circa $8.91 million as on 20 March 2019.

Fatfish Blockchain Limited (ASX:FFG)

The securities of Fatfish Blockchain Limited (ASX:FFG) were placed in a trading halt today, pending the release of an announcement by iCandy Interactive Limited regarding a collaboration agreement. Further, ASX has also raised a price query, in which it has noted the change in the price of FFG’s securities from a low of $0.013 to an intra-day high of $0.018 in the last few days. The company has responded by stating that it is not aware of any other specific information, which would explain the recent increase in price in the company’s securities. Further, the company informed that its investee company, iCandy Interactive Limited recently entered into a binding term sheet with the UK based Xcademy Limited, which is building and planning to launch a mobile first online video influencer training and monetisation platform. The company noted that there has been an increase in price and trading of iCandy shares since the announcement.

In the past six months, the share price of the company decreased by 34.78% as on 19 March 2019. FFG’ shares last traded at $0.020 (+33.33% intraday) with a market capitalization of circa $8.46 million as on 20th March 2019.


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