It certainly hurts to see my holding almost breakeven yesterday and back to deep red today. But too many a time when I had sold out on a position to cut losses due to panic selling after a less than ideal half yearly report, to watch the share go back up few months down the track. I would still like to believe that this ship will turn around and AI spending will increase once the COVID storm is over. The new acquisition is also a positive, glad to see APX investing in growth and synergy. Also happy about the high growth in the new markets.
APX still has ample cash with no debt, at least we know they can afford to invest in further growth should opportunities present themselves, and the chance of the company going belly up is low. A takeover offer is also a possibility. Happy to hold for now.
All IMO
Ann: Appendix 4D and Interim Financial Report, page-114
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Last
$2.44 |
Change
0.310(14.6%) |
Mkt cap ! $617.1M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.49 | $2.13 | $33.32M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23004 | $2.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 47763 | 5 |
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