APX 4.85% $1.08 appen limited

Ann: Response to ASX Price Query, page-223

  1. 3,494 Posts.
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    it’s even worse than that, Deepak.

    the “70c” was in paper, and the bidder’s currency has since dropped circa 40%. So even if they did pursue their bid, at the offered ratio it’s actually now worth low to mid 40s, not 70.

    but retail suckers don’t care, they be buyin’ at $1

    which for the reasons above I find hilarious
 
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