APX 2.29% $2.13 appen limited

Appen has $34 million in bank until 31st Jan and record revenue...

  1. 181 Posts.
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    Appen has $34 million in bank until 31st Jan and record revenue in Jan $22 million let add another 30 million for remaining two months , $52million approx, should be atleast $8 million cash outlflow, that will bring back the cash in bank at $26 million. There would be tax loss selling pressure as well on the quarterly. It's only projection based on the annual report. I will be waiting until 26th May, my entry price is 40c. There must be a reason for Innodata withdrawal from the proposal in March??
 
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$2.13
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