APX 8.60% 50.5¢ appen limited

Ann: Customer update and FY23 preliminary results, page-332

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    I made that mistake about 11 years ago with continental coal (CCC). CEO was Peter Landau and now he's a convicted criminal in prison. I lost the lot as the company went broke based on his lies.

    There was a Hotcopper poster running around the Hotcopper forum called kiwipete (I think)warning everyone how dodgy he was and to get out of CCC while you still can. I chose to ignore his posts because he was only one person but he was exactly right. Appen is nothing like that company. It was heavily in debt with a criminal CEO hell bent on lining his own pockets with capital raises for a coal mine in South Africa and he did it will a few other companies too before that. Rinse and repeat was his method.
    Last edited by poppypop: 26/01/24
 
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