APX 3.33% $1.55 appen limited

Ann: Update on 1H 22 results and FY2022 outlook, page-29

  1. 1,424 Posts.
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    Im not sure why they would initiate an investor call and then fail & refuse to answer any of the questions asked.

    Doing this only serves to make a bad situation worse IMO. Brayan seems ill advised and IMO was inept on the call. He lacked confidence (again) and given they have known (and previously advised) re this situation for some time, he didnt project any confidence whatsoever in his turnaround plan. At least he admitted the 2026 numbers were BS. He declined opportunities to sell his strategy and his business as a good investment. He did not lead.

    I am astounded that the major holders voted so strongly at the AGM and now without an extrordinary meeting Marky mark has free reign to dispose of more of the companies value. Richard might need to get involved now as he is risking his reputation letting this no guidance crap continue. They need to demonstrate they know what they are doing. At this point it looks very much like they havent a clue.

    GLAH

 
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