$8-10 fair value, page-9

Totally agree with you. Text book play by Shorters, it was shorted hard on that day to make people triggered their stop losses and got the price to that low. Nothing was surprising and revenue downfall was known as well. Everyone ignores the saving of $36m for costs and these are big savings. This shows management trying to manage costs if revenue not going up. Not like ZIP, BRN, BTH or PBH who keep making shareholders fool by releasing cost saving information separately from their revenue updates. APX management is transparent and its good for market. Imagine if they have released the cost cutting information by its own. It would have rocketed the share price by 30% up. but they are not over promising at start of the year and then disappoint shareholders at year end. I believe in AI tech and thinks next 10 years will be AI every where. Not many AI tech in ASX with such fundamentals. They still making decent revenue
growth can come once they pivot their strategies and new CFO will make it happen.