Yes, nuts that 99.3% down. Remember there are those around here that championed those crazy values.
99% loss on that share "add".
Championed Arumugan as they doing to Ryan today.
Only a 90% loss since that statement
Today
The pivotal question for today's consideration is whether 26.5 cents represents a sound investment given the company's current operations and the projected impact of what we know about its business model going forward.
Many here upon doing their own research (DYOR), you concluded that APX is doomed, expected falling to 1 cent followed by VA. Selling in that case is the best course of action.
In my opinion, APX is not a ASX lifestyle stock like LKE, reliant on the executive team and board's ability to secure yet another capital raising (CR) based on false hopes, before shutting up shop and running.
Personally, I believe APX is a company that has lost its way and is facing significant headwinds. Is a recovery to $31.74 possible? That is not feasible.
However, is a recovery back to the 55-cent level of the last capital raising within 12 months possible? Yes, I believe it is, but do I know for sure? No. Nobody knows, but certainly possible.
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Last
$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $345.7M |
Open | High | Low | Value | Volume |
$1.54 | $1.60 | $1.46 | $32.96M | 21.40M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 110249 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 74197 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110249 | 1.550 |
1 | 6493 | 1.545 |
3 | 13000 | 1.530 |
2 | 5745 | 1.525 |
2 | 55577 | 1.515 |
Price($) | Vol. | No. |
---|---|---|
1.555 | 74197 | 4 |
1.560 | 29968 | 3 |
1.565 | 73655 | 1 |
1.570 | 31209 | 7 |
1.575 | 98655 | 3 |
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