APX 16.9% $1.01 appen limited

Ann: Results of Meeting, page-192

  1. 587 Posts.
    lightbulb Created with Sketch. 157
    What a shit couple of years to say the least

    we are now priced at 5 year low, last time we were priced here

    we had less than 1/3 of the revenue we have now
    We didn't have quadrant a multi million dollar acquisition
    We didn't have figure 8, another multi million dollar acquisition. USD 175milluon plus 125million in performance payments.
    we didn't have leapforce another multi million dollar acquisition.


    call me an optimist or blind, surely this is good value now. Surely management can just buckle down and make some good money out of this. I really don't care about growth anymore, just get us back to 40-50 million profit, stop spending crazy.

    anyway sorry to all the long term holders, of which I'm one.

    i have been nibbling along and averaging down, hopefully my courage will be rewarded, or my stupidity will be forgiven and I luck out. Either one is fine.

 
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