APX 4.85% $1.08 appen limited

@gixxerboyYou have been consistently calling for cr possibility...

  1. 16 Posts.
    @gixxerboy

    You have been consistently calling for cr possibility and finally it's confirmed.

    I have a question regarding the company's financial performance, hope you could shed some light on this. Looking back during 2017-2018 the company earns much less revenue (less than 1/5 to one third of the current one) and low to moderate earnings but have a much higher share price. I know the interest rate environment plays a role here, but if the ceo can like he said: 'costs will be managed in line with the revenue opportunity and market conditions' to focus on products/services that will bring in most earnings, cut those that lose money, and turn the company back to profit even with less revenue (less than now but higher than those in 2017-2018) and moderate earnings, will the share price get back to the level then when the company is still in the future hot area? I have a small holding and am thinking to top up somewhere between 1.6-1.8
 
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Last
$1.08
Change
-0.055(4.85%)
Mkt cap ! $240.8M
Open High Low Value Volume
$1.16 $1.18 $1.07 $11.44M 10.25M

Buyers (Bids)

No. Vol. Price($)
5 129645 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.08 44573 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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