APX 1.04% 47.5¢ appen limited

Top 10 A.I predictions and breakthroughs for 2024, page-148

  1. 931 Posts.
    lightbulb Created with Sketch. 189
    Let's analyze the math: Microsoft's CapX has impressively increased by US$1.5T, or AUD$2.2Trillion with a T, equivalent to $2,200Billion with a B or $2,200,000Million with a M. Effectively, this means Microsoft's value has soared by 22,000 times the current CapX of APX, valued at AUD$100M and its done so in just 18 months.

    Here is a crowd of 20,000 => now imagine everyone sitting there represents an AUD$100M company the size of APX.

    https://hotcopper.com.au/data/attachments/5899/5899383-4224dddf9b93e621d01401046b8c787c.jpg

    This collective represents the magnitude of Microsoft's increase in CapX – and that's just considering Microsoft alone. To fully grasp the extent of Microsoft's CapX, envision a packed Etihad Stadium. Moreover, to represent the global surge in CapX, attributable to the proactive investment sentiment towards AI, one would have to fill not just the MCG and SCG but every major stadium in Australia.

    So, in response to your assertion that Microsoft is misdirecting its efforts by partnering with OpenAI, and the claim that a nascent teenager startup with a 'pure' AI model will eclipse established software giants: The current AI boom is distinct in nature from the dot.com bubble. It seems you're mixing up the dynamics of a genuine boom with those of a speculative bubble (like the hypothetical dogshit.com soaring from 10 cents to $1 in a month). In fact, it appears there's some confusion on your part regarding the foundational principles of capitalism. Oh, and regarding your focus on APX's 90% value loss during this same period, it's important to remember that the broader market trend doesn't revolve around APX.



 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
(20min delay)
Last
47.5¢
Change
-0.005(1.04%)
Mkt cap ! $106.7M
Open High Low Value Volume
48.0¢ 48.0¢ 47.0¢ $125.9K 264.8K

Buyers (Bids)

No. Vol. Price($)
4 12883 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.5¢ 21900 2
View Market Depth
Last trade - 10.14am 17/06/2024 (20 minute delay) ?
Last
47.0¢
  Change
-0.005 ( 1.09 %)
Open High Low Volume
47.5¢ 47.8¢ 47.0¢ 32113
Last updated 10.35am 17/06/2024 ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.