Well, anything’s possible with APX although I’m more inclined to the short side of the trade.
The hype around the so called “telco deal” could be anything from nothing to something imho.
It reminds me of their anny regarding their partnership with Nvidia which hasn’t got any traction as far as I’m aware.
I agree that there may be other suitors circling but doubt any offers will emerge that will shoot the lights out.
On a pure intrinsic value basis, APX is worth zero based on its FY23 results.
HY124 will be key to its future and something material needs to be announced by them before then imho.
The forthcoming AGM will be interesting but I’m not holding my breath.
GLTAH
Ann: Withdrawal of Innodata's non-binding indicative proposal, page-103
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Last
62.5¢ |
Change
0.050(8.70%) |
Mkt cap ! $138.9M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 63.5¢ | 57.5¢ | $2.922M | 4.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68188 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 115580 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
0.050 ( 8.23 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 63.5¢ | 57.5¢ | 1145392 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| APX (ASX) Chart |