APX 4.76% $1.32 appen limited

Have to admit I've been a holder since it was 2.50 and have been...

  1. 79 Posts.
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    Have to admit I've been a holder since it was 2.50 and have been positive on the business but there are some big cracks forming with revenue growth and projects being parked. I would be ok with this if I thought that the management were great and pivoting quickly but every time I hear them I get less and less enthused. Its always about what the problems are not what they are doing to move the business forward. With high insider ownership (albeit they have sold down a bit) not sure you will see a management change here so cant seem to justify even these prices. Have reduced half of my holdings over the last several months but will now wait to see what happens. Results will be ordinary and the strong AUD will not help so may see some leg downs yet.
 
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Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
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