you might think that but look at altium - 10 revenue growth and on a similar p/e to appen, its growth is slowing appens is accelerating. yet went up 10% after it reported. we know appen has had a good year as figure 8 started to perform last year and all the big us tech co's (appens customers) outperformed last half due to covid. i think they are going to produce one of the best results yet and wouldnt sell a cent. 50-70 times earning for a company growing at a compound annual growth rate of 60% + in a massive market which they are leading. investments dont get much better than this.
ubs upgrades apx, page-246
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$1.51 |
Change
0.005(0.33%) |
Mkt cap ! $331.2M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.60 | $1.46 | $23.95M | 15.52M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33207 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 41444 | 6 |
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