Its going to recover - A.I spend alone is in its infancy hasnt spiraled out of control or run hot yet. They are more likely to increase their revenue base than not over next five years. You can't run A.I without data simple as that. My APX investment has been damn mediocre to crap in comparison to the rest of my portfolio...RMD, WOW, ANN, GMG, LOV, PME, TNE, RRL.....in comparison APX has been a total dog.
But just think by 2023-24 it will be a leader in this pack. I just don't see AI industry not requiring data in future, meaning can't see APX going bust lets say and with APX looking to automate process in 2021 margins should see massive improvement. But as an investment since 2019 - woof woof bark little doggy bark.
Ann: Appen 2020 Full Year results, page-171
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Last
$2.02 |
Change
-0.140(6.48%) |
Mkt cap ! $459.7M | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.23 | $1.96 | $19.62M | 9.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 53762 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 10007 | 2 |
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| Last trade - 13.15pm 03/10/2024 (20 minute delay) ? |
| APX (ASX) Chart |