Interesting to see that the market is looking for stocks with a large AI business.
It probably explains why Appen rebounded by 50 % vs its low in Dec 22.
It looks to me less risky (and cheaper) to invest in AI via Enero, which half of the profit now comes from its 51 % contribution in OB Media.
OB Media is focused on AI and machine learning, which probably explains why they just have 50 employees to generate 58 m of revenues in FY 22.
In FY 22, OB Media increased its sales by 63 % (after + 181 % in FY 21) and had an operating EBITDA margin of 76 %.
Interesting to see that the market is looking for stocks with a...
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Last
$1.23 |
Change
0.030(2.50%) |
Mkt cap ! $111.6M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.24 | $1.21 | $517.1K | 421.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 23335 | 3 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| EGG (ASX) Chart |