We still have a few hurdles
Reporting season has ended and a trading update on unaudited results this month will be helpful.
If audited report moves from material uncertainty of going concern after Google and write downs to Going concern in Feb 2025 (FY24 release) then the value of the business increases on paper.
To get there will need to see further stabilisation and preferably growth. Not sure what else there is to downgrade. I think all the downgrading has been done.
The Journey of Appen’s Stock Price and Business Operations Through Recent Years, page-151
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$1.32 |
Change
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Mkt cap ! $294.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 37000 | $1.32 |
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