APX 5.35% $1.97 appen limited

Going to be interesting to see how the retail component goes......

  1. drg
    3,683 Posts.
    lightbulb Created with Sketch. 636
    Going to be interesting to see how the retail component goes... was a terrible uptake in the last cap raise. Even though it was money for jam... 1.80 raise price and I think the SP was mid 2's when the offer closed.

    Option 1 - Take part - get your cost average down. In the hope of a take over / slow recovery.

    Option 2 - Do nothing - wait for the dust to settle / next trading update. The talk of "green shoots" by the CEO is getting a bit tiresome.

    Option 3 - Sell - lock in capital loss. Preserve some capital in case the company completely fails / receivership.

    it's a difficult one, could really go any way from here : )

    I see Macquarie has ceased coverage of APX!
 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.