Ann: Customer update and FY23 preliminary results, page-7

  1. 2,270 Posts.
    lightbulb Created with Sketch. 550
    So, Appen has seemingly driven away its last major customer. The cause is unclear – whether it's due to neglect, incompetence, mistreatment of its global workforce, offering irrelevant products, overcharging, or poor-quality control. Regardless of the specific reason, the impact is likely to be severe. Are we looking at stock prices dropping to 20 cents? Appen will have be on sale at a firesale price, before it slides into obscurity.

    Calvo, of course, will probably frame this as either positive news or something that doesn't significantly affect the company's long-term prospects with all those exciting new products that the market has yet to embrace.
    Last edited by FreeFromStyle: 22/01/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.11
Change
-0.015(1.33%)
Mkt cap ! $296.0M
Open High Low Value Volume
$1.14 $1.16 $1.10 $7.160M 6.375M

Buyers (Bids)

No. Vol. Price($)
1 8454 $1.19
 

Sellers (Offers)

Price($) Vol. No.
$1.05 108629 11
View Market Depth
Last trade - 15.59pm 10/07/2025 (20 minute delay) ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.