APX 8.60% 50.5¢ appen limited

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  1. 76 Posts.
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    It appears that there are still more buyers than sellers of APX, but it was disappointing to see the SP catch a cold yesterday in anticipation of the US market decline overnight. Dropping almost 5% yesterday seemed like an over reaction, whilst the wider market declined only 1%. Does anyone here have a view on why the SP continues to yaw? I'd like to think that we're heading for $30 this year but at the moment it feels like one step forward, two steps back..... Your thoughts appreciated.
 
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