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
61.0¢ |
Change
0.020(3.39%) |
Mkt cap ! $135.6M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 65.0¢ | 59.5¢ | $3.026M | 4.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 127177 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 75469 | 13 |
View Market Depth
| Last trade - 15.10pm 24/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
Change
0.020 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 61.5¢ | 64.5¢ | 60.5¢ | 957659 | ||
| Last updated 15.31pm 24/05/2024 ? | |||||
| APX (ASX) Chart |