I think people are expecting too much - it has risen 400% in two months as 2nd qtr result showed Appen doesn't need Big tech for revenue to grow and potentially grow very fast.
Deep Learning Relevance = Big tech
Generative AI = Everyone
3rd qtr is historically Appen's quietest qtr and where seasonal payments to vendors are made... I would not have a clue what the 3rd qtr revenue figures will look like but if its anything north of $US60m revenue for the qtr then one can construe that as a very good topline result.
I think people are expecting too much - it has risen 400% in two...
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Last
$1.90 |
Change
0.030(1.60%) |
Mkt cap ! $422.7M | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.93 | $1.86 | $7.286M | 3.837M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7600 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 34550 | 3 |
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| Last trade - 12.03pm 27/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |