see these early days of xro, went up straight 43$ then pull back to 15$, went back up 26$ then 5th wave 12$...Apx is still in its early days where customers are changing priorities & business is highly dependent on 5 clients...new projects are babies which will take 2 to 3 years to get mature...Apx management is inexperience for public listed company...upgraded & downgraded in merely 6 months...it’s pipeline is fragile & if Apx fails to deliver on Feb 24 which is highly possible given ER hit is already 10%...management is cash rich considering selling millions at 30$ level, bought at ipo...I am working for a corporate, and turn around in 2 months is nearly impossible from downgrade...Apx results were never liked by market...see the bull trap I circled on XRO...long term view of APX is great but I really don’t want to go down under water by 75% of my holding in Apx unless management is going with me...so far management is reluctant to chip in...be careful, Apx still early days...ALU different business but they put on 7 downgrades in last 2 years...we all know tech sector is bearish ATM...play safe on these high beta, overvalued stocks! I may miss 2$ to 3$ upside on great news but I don’t want to go further down 5$ on bad news!
APX Charts, page-704
-
- There are more pages in this discussion • 3,169 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.17 |
Change
0.000(0.00%) |
Mkt cap ! $486.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 177 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 2300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 177 | 2.200 |
2 | 650 | 2.190 |
3 | 1250 | 2.180 |
8 | 4215 | 2.170 |
3 | 12314 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
1.800 | 2300 | 1 |
2.000 | 45318 | 11 |
2.050 | 18240 | 3 |
2.070 | 33835 | 4 |
2.080 | 8700 | 6 |
Last trade - 16.03pm 11/10/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |
Day chart unavailable