APX 14.3% $1.32 appen limited

Appen, Entropy, DCF Models & Investor Behaviour, page-279

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    lightbulb Created with Sketch. 250
    I was going to say.. ROE is a deceiving ratio to use, it doesn't take into consideration that the capital has been used for development costs. Which in turn will improve ROE over the long term.

 
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