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3.13%

46.5¢ appen limited

Ann: Response to ASX Price Query, page-55

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SallySet

5,335 Posts.

1019

12/03/24

20:13

Post #: 72855998
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Originally posted by imback: ↑

LOL, how much do you want a USD $205M MC company to offer a now $235M MC company? Their first offer was 70c. Based on the announcment their offer was made probably around mid feb when the SP was around 30-35c. So over the last month, the Innodata SP has dropped almost 38%, so obviously their insiders aren't too happy with the deal.

Therefore, since they made the initial offer of 70c, their 'currency' has depreciated by 38%. If they want to maintain the same dilution of the offer day, the real offer is 70c x 0.62 = 43c. Now the SP is currently $1.08. Can they basically triple their offer to even take this where the market currently valuing? And then of course retail wants a premium. 2 bucks you say! Great that's 5 times their original offer using their original' 'currency' of their scrip.

Sure retail and the markets might froth this more but shorters can now see the offer and the suitor and they know its not going anywhere. Current analyst valuations are around 60c.

Giddy up!

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Innodata are tyre kickers at the first inspection of an Eastern Suburbs beach house.

Don't know why you are so focused on them.

Not going anywhere? This is AI bro and they're debt free!!

Revenue are $180 million plus!

Last edited by SallySet: 12/03/24

APX Price at posting: $1.08 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 46.5¢		Change -0.015(3.13%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
48.0¢	48.0¢	45.0¢	$935.6K	2.019M

Buyers (Bids)

No.	Vol.	Price($)
14	74909	46.0¢

Sellers (Offers)

Price($)	Vol.	No.
46.5¢	57189	6

View Market Depth

No.	Vol.	Price($)
14	74909	0.460
5	61850	0.455
16	143862	0.450
6	44191	0.445
9	335435	0.440

Price($)	Vol.	No.
0.465	57189	6
0.470	125954	5
0.475	65672	3
0.480	40319	14
0.485	205809	6

Last trade - 13.07pm 17/06/2024 (20 minute delay)


Last 46.0¢			Change -0.015 ( 3.20 %)
Open	High		Low	Volume
47.5¢	47.8¢		45.0¢	584261
Last updated 13.30pm 17/06/2024 ?

APX (ASX) Chart

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