Its operational cost is too high. Its revenue needs to be high enough to leverage its operational cost otherwise it is losing money. Therefore I kind of agree with what the new CEO is doing: cutting the cost to find a balance between the revenue and the cost. Hopefully appen can reach that point before it’s too late.
What's wrong with Appen's business?, page-6
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Last
71.8¢ |
Change
0.048(7.09%) |
Mkt cap ! $162.7M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 74.5¢ | 67.0¢ | $9.353M | 13.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11833 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 75057 | 2 |
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| Last trade - 10.55am 31/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |