APX 3.57% $2.03 appen limited

Ann: Ryan Kolln appointed CEO and Managing Director, page-216

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  1. 1,381 Posts.
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    Do we know the percentage holdings of the Vonwillers? They are reeling, feeling like billionaires one moment and now seeing their holdings dwindle to less than the value of a North Shore 4-bedroom house with glimpses of the bridge from the second bedroom upstairs toilet if you stand on the seat and crane your head. . It seems they’re facing the end, likely seeking an exit that minimises damage. Undoubtedly, they’ve enlisted MBA type management consultants for advice, but it’s hard to imagine these consultants recommending multi year new markets tap dance out of this predicament. What’s needed is a visionary CEO on a mission, not deal makers, which, unfortunately, doesn’t describe the current leadership. This is why I think a deal is in play. I watched the trading Friday , it was heavy and algorithmic, kinda like ZIP and we know the takeover games being played out with ZIP.
 
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