APX 8.60% 50.5¢ appen limited

Ann: Customer update and FY23 preliminary results, page-319

  1. 1,656 Posts.
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    What I ask myself is how much would Appen shares be worth if the Google announcement came in 2020 when APPEN was trading at $36ps. I'm going to say they would have dropped 33% which would make them $24 per share. Now they are at 32c with the announcement done at 46c. I'm struggling to see a bad buy at these levels. I think all the negatives have been priced in. I can probably see 24cps between now and the 27th of February as traders get jittery but after that I think we might see a bullish run with APX shares. The only way it wouldn't happen is if Microsoft decides to pull out as well. I just think everyone is too pessimistic and something will Appen at Appen, I just know it will Appen. Another thing I will say is this stock is not boring! The following is huge. It's a highly discussed stock, with 100% negative reviews outside of this forum. I'm only holding because it has no debt otherwise I wouldn't be here.
 
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