$4 party!, page-69

The digital advertising facade is suffering the consequences of a market that has not grown over the past two years but has stabilised gains without increasing them. META and GOOG are precisely in the same situation.

Lithium had similar issues between 2018 to 2020.

However the main problem that Appen is facing is visibility in earnings and fair enough too. This is mainly a result that there is no benchmark pricing for Big Data like Lithium, Gold and Crude oil has.

The industry is so new and small and still in its infancy that there is no need for benchmarks YET, despite Big Data companies are coming on line rapidly the demand for data in particular proprietary data will grow at ~40% CAGR for the next 10 years at least.

Appen will need to ride out the cycle. Revenue is purely Digital Ad spend only and AI/ML Data spend is only starting to move from a very low base. I'm a share investor just like I bought Lithium and Rare Earth (Lynas only) in 2018 that was out of cycle and just need to be patient with A.I as the industry continues to evolve.

I have a few people on ignore so not sure if the post was a statement or responding to one of these so called members I have on ignore.