Well, it wasn't me who suggested 90 cents as the anchor point. In my post, I mentioned 70 cents, risking a drop back to 35 cents or even 27.5 cents—certainly, I hope not.
That said, I estimate the chance of me losing 50% (i.e., selling down at an average of 37 cents) is low, but not impossible. But who knows I don't otherwise I would have bet the farm at 27cents!
@poppypop mentioned the mothership, I'm also not risking my life savings on APX.
It may not have been discussed here, but the 'Mag7' has been on a mind-blowing spree; corrections will happen and will impact APX when it does and may bring buying ops. Looking longer term 2-3 years, I am very much in the pro-AI camp, believing it's about to change everything, with IQ80 level AGI imminent and probably already achieved with GPT5 in the lab. This will disrupt most outsourcing and administriva jobs. I don't want to sound overly positive and risk sounding like DrCrackpipe, but I do believe this stock will hit $1 again this year.
Well, it wasn't me who suggested 90 cents as the anchor point....
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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 |