APX 0.00% 49.5¢ appen limited

Ann: Update on cost management, page-42

  1. 10,500 Posts.
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    For shareholders - we are not in buy territory yet. I have $140k left over to invest in this position. $70k will be invested either this month or AGM.... the other $70k when we get a weekly buy signal as it stands right now seems that trigger is at 53c.... so based on weekly technicals no where close and should be no rush.

    I value the company at US$600m or 3x revenue will adjust the valuation if we see sustainable growth in New markets which is more than possible and probable but need new information in the coming months to see what the business may look like in two years time.


 
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