APX 3.33% $1.55 appen limited

APX EPS forecasts for FY21 and FY22 around 46c and for FY23...

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    APX EPS forecasts for FY21 and FY22 around 46c and for FY23 60c.

    At current share price of $8.50 odd that's a future PE of 18 odd reducing to 14 by FY23 (assuming those future EPS come to fruition).

    I would say that at current share prices, APX doesn't need to achieve much growth to justify the share price, it just needs to show the market that its earnings will not be going backwards.

    Happy to hold
 
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