APX 2.23% $2.75 appen limited

Ah yes the down ramping begins, is there a reason you chose $18...

  1. 417 Posts.
    lightbulb Created with Sketch. 30
    Ah yes the down ramping begins, is there a reason you chose $18 ? Why not $16 or $10 ?
    Appen is one of the few very profitable and fast growing companies even by it's recent downgrade is still a fastly growing company with an eye to expand and diversify and has the cash to do so with out the need to raise capital. The fall from the inflated $40 to current has already factored in the current growth rate, so why should this continue to fall to the specific $18 mentioned?
    this is a total buy at these prices
 
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