APX 5.35% $1.97 appen limited

$1 Party, page-16

  1. 84 Posts.
    lightbulb Created with Sketch. 19
    Days like today are very dissapointing for long term shareholders to see the price plummet like this without any news.

    However I know data annotation services arent going away anywhere yet. Every report I have seen mentions data annotation market cap will increase around 30% per annum until 2030. Appen is still the market leader in this space and its customers are the biggest tech companies.

    Appen is also heavily oversold and I dont think any other company in Asx has 50% of its market cap in cash balance. Appen just need one good half year and its share price will move north faster than we can imagine.

 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.