APX 0.51% $1.96 appen limited

Appen, Entropy, DCF Models & Investor Behaviour, page-287

  1. 131 Posts.
    lightbulb Created with Sketch. 13
    Well I'm not sure about that.
    They have paid a dividend each year for the last 5 years and risen it from 0.5 to 0.10 per share even when their ROE was much better, they still paid a small dividend. I feel it's a founder and seed investors legacy to return some capital rather then selling. but thats only my guess!I personally would rather see it spent on Sales/Marketing, business improvements or to wipe the debt off
    https://hotcopper.com.au/data/attachments/3061/3061887-8acb679f7813d5cef4839584022b0c24.jpg
    https://hotcopper.com.au/data/attachments/3061/3061889-8bc501f6a51dbd17bc4375112b2ad69f.jpg
    https://hotcopper.com.au/data/attachments/3061/3061891-95fda763d412c8d22cda48ad954324a1.jpg
    .
 
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