I think all eyes will be on figure 8 acquisition as this was meant for appen to diversify earnings revenue by edging into government sector. The figure 8 was also hyped as providing Appen with potentially higher margins as its meant to reduce the over reliance on high number of remote workers Appen has on its rosters. Any signs of positive synergy will ultimately drive the sp increase.
figure 8 acquisition was what got me into Appen in the first place as before it was just simply on my watchlist. So i m really interested on that side of the business. Dont get me wrong, i think Appen is a great company but figure 8 and Appen will be even greater in the near term if acquisition proved successful.
$29-$31 target, page-110
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