they said capex was increasing, mainly for product development (which they are way behind the competitors from my impression). citi also said they need increased capex to keep up with a maturing industry.
and structural issues... you must have been living under a rock. go look at what fundies and brokers like macquarie have to say. i don't believe any appen holder is not aware of the structural issues, i always thought bullish holders think those structural issues won't become a real problem and appen will continue to experience strong growth. if strong growth returns and market thinks it can be sustained for a long time, sure it's worth $20+ easy. remember it was priced as a very long duration hyper growth stock at $40, just because something drops to single digits from $40 doesn't mean it's undervalued.
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Last
$1.96 |
Change
-0.030(1.51%) |
Mkt cap ! $439.6M |
Open | High | Low | Value | Volume |
$1.96 | $2.05 | $1.90 | $16.06M | 8.159M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 70913 | $1.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.97 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 64763 | 1.960 |
2 | 4510 | 1.955 |
7 | 16205 | 1.950 |
3 | 5900 | 1.940 |
1 | 15000 | 1.935 |
Price($) | Vol. | No. |
---|---|---|
1.970 | 5000 | 1 |
1.975 | 26192 | 2 |
1.980 | 4800 | 1 |
1.990 | 10000 | 1 |
2.000 | 10488 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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