APX 4.08% 47.0¢ appen limited

I have finally lost hope from this company and have sold out our...

  1. 453 Posts.
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    I have finally lost hope from this company and have sold out our position with at a 60% loss. I will probably keep an eye and reinvest if thier product led revenue showed signs of significant jump. It is clear that the global customers are likely not going to be contributing as much revenue in near future as they have in the past. Chinese revenue is still not matured and is not profitable. I now see the negatives that I have previously ignored under the blindfold of "AI is growing and data is the need". Honestly, I should have sold out when Telus walked away.

    I personally feel that the only saving grace will be a takeover bid given how unloved APX currently is. There are also better opportunites out there with much lower risk than APX.

    Best of luck to holders.
 
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48.5¢ 49.5¢ 47.0¢ $1.169M 2.448M

Buyers (Bids)

No. Vol. Price($)
8 119772 47.0¢
 

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Price($) Vol. No.
48.0¢ 2110 3
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