Macquaries analysis is incorrect - Appen declared $27m in cash for cash buffers increased by 10% and with $20m working capital facility is more than enough to carry out its operations for FY23,
Appen definitely needs to increase its revenues 2H. But will likely end up in a cash position of roughly $20m by FY23.
Macquaries analysis is incorrect - Appen declared $27m in cash...
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Last
$1.61 |
Change
0.105(6.98%) |
Mkt cap ! $359.1M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.64 | $1.45 | $20.93M | 13.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2315 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 72413 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |