(MENAFN- ProactiveInvestors)
Freelancer Limited (ASX:FLN) non-executive director Simon Clausen has further increased his indirect interest acquiring $284715.09 worth of shares in an on-market trade.
Indirect interests of Clausen acquired 287591 shares at an average of $0.99 each between 7th and 11th May 2015.
This follows his acquiring 22500 shares at $0.847 each on 17th March 2015.
All told this shows very strong confidence in the Company's future and many investors peruse purchases of shares by directors as a key fundamental of assessing any listed company.
The shares have been on a bull run climbing 73% of late.
Freelancer recently acquired online escrow services provider Escrow.com for US$7.5 million in cash providing it with a captive payments service for its freelancing and crowdsourcing marketplace.
It also dealt itself into the local jobs specific marketplace which could increase its Total Addressable Market to several hundred billion dollars per annum.
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