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11.9%

75.0¢ appen limited

Yes, indeed not many with those fundamentals, cuz they are...

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fedextreme

1,342 Posts.

106

13/05/23

18:30

Post #: 67759564
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Originally posted by Amit9997: ↑

Totally agree with you. Text book play by Shorters, it was shorted hard on that day to make people triggered their stop losses and got the price to that low. Nothing was surprising and revenue downfall was known as well. Everyone ignores the saving of $36m for costs and these are big savings. This shows management trying to manage costs if revenue not going up. Not like ZIP, BRN, BTH or PBH who keep making shareholders fool by releasing cost saving information separately from their revenue updates. APX management is transparent and its good for market. Imagine if they have released the cost cutting information by its own. It would have rocketed the share price by 30% up. but they are not over promising at start of the year and then disappoint shareholders at year end. I believe in AI tech and thinks next 10 years will be AI every where. Not many AI tech in ASX with such fundamentals. They still making decent revenue
growth can come once they pivot their strategies and new CFO will make it happen.

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Yes, indeed not many with those fundamentals, cuz they are garbage fundamentals.

APX Price at posting: $2.30 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 75.0¢		Change 0.080(11.9%)		Mkt cap ! $167.2M

Open	High	Low	Value	Volume
69.5¢	86.5¢	67.0¢	$30.47M	39.92M

Buyers (Bids)

No.	Vol.	Price($)
4	85404	74.5¢

Sellers (Offers)

Price($)	Vol.	No.
75.5¢	620	1

View Market Depth

No.	Vol.	Price($)
4	85404	0.745
3	21594	0.740
1	9349	0.735
5	40049	0.730
2	11349	0.725

Price($)	Vol.	No.
0.755	620	1
0.760	40559	4
0.770	1470	2
0.775	5000	1
0.780	101311	3

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APX (ASX) Chart