EU opens up Flexion Mobile's market potential, creating downside protection.
Flexion Mobile listed on the Stockholm Stock Exchange is the benefactor of positive news from the EU:
Apple has been forced to allow in third party apps and app stores into its ecosystem in the 27 EU countries.
I have prior to this news been watching this British company, but Stockholm listed: Flexion Mobile, due to its hidden value.
Its value proposition as an app publisher beyond the Apple and Google stores, with high growth potential, and reasonable valuation has been enticing.
I believe today’s news creates a bottom under the price currently at 8,04 SEK per share, as it opens up the market for Flexion Mobile, increasing its potential further. This is a good entry point in the shares of this company.
Danish source on the Apple news:
https://www.dr.dk/nyheder/viden/tech/apple-tvinges-til-saette-app-store-fri-det-ligner-en-sejr-forbrugerne