APX Charts, page-1666

Yes they are but its a tech stock - so volatility is normal as well. I think the underlying concern is that debt will get more expensive to service in future with AUD and yield headwinds. Having said that there have been no changes with major shareholders, perhaps like myself are waiting to see how AGM transpire or perhaps major shareholders are sitting tight because they already know.

Yield rally is not assisting APX customers like Siemens have a 4x debt pile to service where many may view in cut back to A.I expenditure . But this is all conjecture and not based on any fact.



I am not worried, will continue to dollar cost average and go big around $10 if market decides to retrace hard (its in a pathetic bubble, so it should). Despite headwinds it's still growing 25%. The way I see it if EBITDA is forecasted to increase by 30% in CY21 and EV/EBITDA is 16.5% then it's in a good spot. EPS is still forecasted to increase on median despite all the downgrades 15%. If it has a P/E in the mid teens in 12 months so be it. I am ready.... if it doesn't that justifies paying a premium for quality.