”No stock can stay down forever”. Correct. At some point you have to suffer a 100% loss of capital, and that is usually quite woeful because the gung-ho naïve shoot-from-the-hip arrogant ‘investor’ that keeps doubling down and “averaging down”, is the newbie who can usually least afford it. APX being a high risk-low reward loss making ‘penny-stock equivalent’ should currently make up less than 5% of any risk wary investor for the sake of capital preservation.
Think back to Bond, HIH, ABC learning and Allco. They went splat with many people flinging themselves off bridges.
I somehow doubt that Captain Wrong for So Long Calvo and his split personality sidekicks uranium69 and Xagxau abide by that or are remotely within the population that can withstand a 100% capital loss on their sinking investment.
- Forums
- ASX - By Stock
- APX
- Ann: Appen 2022 Full Year Results
Ann: Appen 2022 Full Year Results, page-202
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APX (ASX) to my watchlist
|
|||||
Last
$1.10 |
Change
0.190(21.0%) |
Mkt cap ! $244.1M |
Open | High | Low | Value | Volume |
95.5¢ | $1.12 | 95.0¢ | $21.82M | 20.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53102 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 12850 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53102 | 1.090 |
2 | 55468 | 1.085 |
7 | 265980 | 1.080 |
3 | 88405 | 1.070 |
3 | 184832 | 1.065 |
Price($) | Vol. | No. |
---|---|---|
1.100 | 12000 | 2 |
1.110 | 26500 | 2 |
1.115 | 166496 | 4 |
1.120 | 81045 | 8 |
1.125 | 68098 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |