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!
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see these early days of xro, went up straight 43$ then pull back...
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Last
$1.08 |
Change
-0.055(4.85%) |
Mkt cap ! $240.8M |
Open | High | Low | Value | Volume |
$1.16 | $1.18 | $1.07 | $11.44M | 10.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 129645 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 44573 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 19645 | 1.075 |
1 | 2800 | 1.070 |
1 | 10000 | 1.065 |
6 | 50300 | 1.060 |
3 | 99600 | 1.055 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 19740 | 3 |
1.095 | 160000 | 2 |
1.100 | 32267 | 1 |
1.105 | 52777 | 2 |
1.110 | 18391 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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APX (ASX) Chart |