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
$1.89 |
Change
-0.020(1.05%) |
Mkt cap ! $476.7M |
Open | High | Low | Value | Volume |
$1.90 | $1.98 | $1.77 | $25.86M | 13.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5149 | $1.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 26000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5149 | 1.885 |
5 | 56474 | 1.880 |
2 | 126434 | 1.875 |
2 | 2520 | 1.870 |
3 | 47364 | 1.865 |
Price($) | Vol. | No. |
---|---|---|
1.895 | 26000 | 1 |
1.900 | 102 | 1 |
1.905 | 15000 | 1 |
1.910 | 4998 | 1 |
1.915 | 40000 | 1 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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