Wasn’t saying you made the assumptions, was just pointing out that those are common assumptions made when people discuss the ‘Appen turnaround’. Personally I think they will stagnate for a long while in this high interest rate epoch. That being said I can appreciate that the upside risk is great, but the downside risk is increasing despite what people say - it is heading into the domain of the penny stock - more easily manipulated and small absolute dollar value changes amount to huge percentage losses.
Personally I see it heading downhill a little bit more, when it reaches $2.20, perhaps I’ll take a small punt.
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50.3¢ |
Change
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Mkt cap ! $114.8M |
Open | High | Low | Value | Volume |
51.0¢ | 53.0¢ | 50.3¢ | $584.1K | 1.131M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 317613 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 22104 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31957 | 0.505 |
20 | 328263 | 0.500 |
7 | 32860 | 0.495 |
9 | 229348 | 0.490 |
9 | 121274 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 18965 | 12 |
0.515 | 7768 | 2 |
0.520 | 25757 | 2 |
0.525 | 38811 | 2 |
0.530 | 42397 | 8 |
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