APX 3.03% 48.0¢ appen limited

They won’t be paying dividends for at least another 5-8 years....

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    They won’t be paying dividends for at least another 5-8 years. In a fast moving environment like this, falling 1-2 years behind the competition is risking closing shop, if not a decade of hardship. I’d be surprised if became cash flow positive (sustainably) within 2 or 3 years. Growth will be slow unless they pivot to a unique niche of services. Currently competition is huge in their niche, and APX is at risk of being deemed obsolete.
 
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