Its gonna be an interesting month awaiting results. Looking at the Mondrian site you may conclude they will continue to buy but why..
For my two bob the results are going to demonstrate 4 major things which will bump the SP considerably:
- Less reliance on top ten customers with improved revenue spread across China and industries outside of tech
- Delivery of forcast revenue as called in bottom of range or better
- Sucessful integration and (small but growing) revenue opportunity from Quadrant
- Richard Freudenstein influence, particularly over Mark and giving him some clear direction on how to go from a below expectations to a \n exceeded.
I agree the FB thing is more an opportunity but the market clearly doesnt, there will be a big hullabaloo about the pivot to AI and how its going to be the future of crappen.
By then my average will mean Ill get out at a (small) profit.
Love to hear what people thing reporting will bring and who thinks the above is crap or holds some or lots of water.
GLAH
Appen and the Nasdaq, page-63
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Price($) | Vol. | No. |
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