barrenjoey won’t want to be stuck with a load of stock so the price will be held up. I expect the retail take up to be even lower than the previous low level. The price is being held up by shorters closing out their positions 10% short is about 15m shares to repurchase. Christmas has come early for them. I note that retail holdings have increased as a percentage of total holdings so institutional holders have been unloading. 60% uptake by institutions is pretty poor. If the next update is not positive the shorters will return and drive Appen into the ground. CEO has now been in place for a year, seems like he took over a complete basket case but he should have achieved some results by now. Disappointing for all holders.
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Last
$1.14 |
Change
0.075(7.08%) |
Mkt cap ! $256.4M |
Open | High | Low | Value | Volume |
$1.11 | $1.27 | $1.10 | $24.65M | 20.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29500 | $1.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.05 | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 162085 | 1.130 |
9 | 95185 | 1.125 |
6 | 39281 | 1.120 |
2 | 117076 | 1.115 |
13 | 94077 | 1.110 |
Price($) | Vol. | No. |
---|---|---|
1.050 | 50000 | 1 |
1.080 | 3153 | 1 |
1.125 | 5000 | 1 |
1.135 | 97957 | 3 |
1.140 | 174055 | 7 |
Last trade - 15.59pm 20/08/2024 (20 minute delay) ? |
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