Ann: Appendix 4D and Interim Financial Report, page-117

20% down and 6% of shares on issue traded, entered the 10's again. It's inevitable this thing is heading back into single digits. It might make a new low in the next week or month.

I know i should be cutting my losses on this, but holding out for the 1% chance the board can fix this.

Appen needs to focus on leveraging the cash generated by it's workshop model, to creating a compelling automated software solution which they hinted at earlier. It's clear their sweatshop model doesn't have the same level of moat to be considered the long term product, as evidenced by moves from Tesla to inhouse it's Data Labelling.

https://electrek.co/2021/02/08/tesla-looks-hire-data-labelers-feed-autopilot-neural-nets-images-gigafactory-new-york/

If Appen doesn't stay ahead of the curve they'll be easily outmaneuvered by more sophisticated solutions being brought along, and they'll be left to be a niche supplier.