I think you're looking at this a little too much in a complex manner. I read your posts and agree with regulation and competition within the industry. But speaking as an investor, I m looking at the long term here. while the issue of regulation and competition will become more apparent, but hopefully by the time this happens Appen will be a bigger company and the wider AI industry will hopefully have grown in size too. So when you look at today's price, it will be relatively cheap. As with the nature of shares, over time they tend to edge up (with the odd exceptions of course).
And when I look at my portfolio I like to think of it as a personalised ETF and be invested in companies that operate in a particular industry I would like exposure in. So I chose Appen as I m not investing in overseas markets.
just because you see problems down the line, it may not happen? No one can tell? Look at afterpay. I didn't think it would survive and become such a dominant company, as I saw lots of regulation issues.. boy was I proved wrong!
APX Price at posting:
$13.30 Sentiment: Buy Disclosure: Held
(20min delay)