APX 14.4% $1.24 appen limited

Are my concerns warranted?

  1. 220 Posts.
    Is there anything to stop Anacacia from renting its shares out to instos looking to short them?

    The ownership composition and the revenue concentration have got me hesitating.

    Also, this company looks like it has state-of-the-art data set technology. Why wouldn't it list in the US, especially given its merger history? Or does it fear that competition on North American markets from similar vendors would crowd them out?

    Perhaps they thought listing on the ASX meant the security would stick out like a sore thumb, given the index's dearth of technology innovators?
 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
(20min delay)
Last
$1.24
Change
0.155(14.4%)
Mkt cap ! $254.2M
Open High Low Value Volume
$1.04 $1.25 $1.03 $16.01M 13.86M

Buyers (Bids)

No. Vol. Price($)
10 44297 $1.30
 

Sellers (Offers)

Price($) Vol. No.
$1.15 5850 1
View Market Depth
Last trade - 15.59pm 09/09/2024 (20 minute delay) ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.