Its not a very good forum for potential contributors.
I will say AAs 55c cap raising was the single worst thing I have ever seen.
90c to 55c for no reason at all. Then losing Google contract which I am pretty much meh about it as want the business to deconcentrate and cut costs.
But that 55c cap raising.... what was he thinking....and why did the board allow it to occur!
My long term investment thesis has not changed - Appen will do well when there is Enterprise wide adoption of A.I... potential is immense but has a tricky 12 months to negotiate. Underlying FY23 net loss will see an improvement from -24m to -20m .. FY24 with costs nuked into oblivion will improve again where the underlying business ex Big tech should see signs of revenue quality - finally. But for the short term gamblers thats 12 months away at least.
Its not a very good forum for potential contributors. I will say...
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Last
50.5¢ |
Change
0.040(8.60%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 52.0¢ | 46.5¢ | $1.718M | 3.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112734 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 4880 | 2 |
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