That's not true. Every time a stock does a CR, the previous prices in the chart before CR are lowered. Appen has done 2 CR and the share price has been lowered twice now, the peak was $43.66, but now the peak is below $40.
Actually appen has done 3 CR, in 2018 or 2019 when they bought F8. So the historic share price before 2018 has been lowered 3 times.
I don't recall appen's price on 1st day of trading, but it IPO'd at $0.50, exactly today's price.
Jeffreries Target Price-$0.60, page-180
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Last
$2.68 |
Change
-0.190(6.62%) |
Mkt cap ! $698.7M | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.91 | $2.64 | $36.52M | 13.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 52289 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 3695 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |