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.
Ann: Customer update and FY23 preliminary results, page-395
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Last
63.0¢ |
Change
0.055(9.57%) |
Mkt cap ! $136.7M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 63.5¢ | 57.5¢ | $2.459M | 4.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 31186 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 67570 | 10 |
View Market Depth
| Last trade - 14.11pm 10/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
0.055 ( 8.23 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 63.5¢ | 57.5¢ | 854715 | ||
| Last updated 14.31pm 10/05/2024 ? | |||||
| APX (ASX) Chart |